Renovated Net-Leased School
New
For Sale
Contact for pricing
1 Industrial Drive, Windham, NH 03087
Renovated school facility with a state-funded charter school tenant and limited landlord responsibilities.
Property Size38,477 SF
Price / SF$272.89
Days on Market4
Property Features for 1 Industrial Drive
General Information
Standard status
Active
Size
38,477 SF
Class
A
Total Parking Spaces
79
Property subtype
Office, Special Purpose
Zoning
Limited Industrial (school use by 2018 ZBA variance)
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$769,376
Additional Details
Highway Access
Yes
Building Details
Year Built
1975
Year Renovated
2021
Buildings
1
Stories
2
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Boston
Listed By:
Luigi Lessa · License #9566627
(617) 896-7216
Source:
Crexi
Added: Aug 31
Changed: Sep 3
Last Checked: Sep 3 at 1:54AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Boston
Investment Insights
Based on property information with market context.
This two-story school facility contains 38,477 square feet and was originally built in 1975. The property was renovated and expanded through 2024, including a new addition, roof, and building systems. Windham Academy Public Charter School occupies the facility under a net lease with approximately 17 years remaining through 2043, 2% annual increases, and minimal landlord responsibilities. Rent is funded by the State of New Hampshire through per-pupil payments made directly to the school.
The property is located at 1 Industrial Drive in Windham, New Hampshire, near I-93 Exit 3 and approximately 35 miles north of Boston. It is zoned Limited Industrial, with school use authorized through a 2018 ZBA variance. Enrollment has increased annually since 2018, and the school operates at 82% of capacity with roughly 90 seats of embedded growth.
The property is located at 1 Industrial Drive in Windham, New Hampshire, near I-93 Exit 3 and approximately 35 miles north of Boston. It is zoned Limited Industrial, with school use authorized through a 2018 ZBA variance. Enrollment has increased annually since 2018, and the school operates at 82% of capacity with roughly 90 seats of embedded growth.
Key Highlights
- 38,477‑square‑foot, two‑story school facility at 1 Industrial Drive
- Windham Academy Public Charter School tenant under a net lease through 2043
- Approximately 17 years of remaining lease term with 2% annual increases
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
357
Businesses Nearby
Explore this area
Business Placement
Demographics for 03087, NH
15,817
Population
5,753
Households
2.7
Avg Household Size
43
Median Age
66%
College-Educated
98%
High-School Grad
26.7 sq mi
ZIP Area
592
Density / Sq Mi
$189,450
Median Household Income
$92,070
Median Earnings
$3,226
Median Rent
$684,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
School - Renovated school facility with a state-funded charter school tenant and limited landlord responsibilities.
Where is this school located?
The property is located at 1 Industrial Drive Windham, NH.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: 38,477‑square‑foot, two‑story school facility at 1 Industrial Drive; Windham Academy Public Charter School tenant under a net lease through 2043; Approximately 17 years of remaining lease term with 2% annual increases
