Building Details

Year Built 1985

Listing Agency: Coldwell Banker Realty Gilford NH

Listed By: Reed Heath Show Phone

Source: Gallorealtygroup

Added: Aug 30 Changed: Oct 8 Last Checked: Oct 7 at 2:49PM

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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 Coldwell Banker Realty Gilford NH

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Investment Insights

Based on property information with market context.

This self-storage property includes 104 units within buildings completed in 2023. The facility is currently more than 85% occupied and includes fencing and security features for customer access and property protection. Commercial zoning supports the property’s existing storage use.

The site is located at 103 NH Route 101 in Temple, with direct exposure to the roadway and convenient access for surrounding communities. Manchester, Peterborough, and Keene are each approximately 30 minutes away, extending the facility’s reach across several established population centers.

The newer construction and existing occupancy provide a straightforward operating profile, while the remaining available units offer room to increase occupancy within the current facility configuration.

Key Highlights

• 104 storage units
• More than 85% occupied
• Buildings completed in 2023

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$55,642

Cap Rate

8.56%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,112,840 $1.1M

Cap Rate 7%

$794,886 $794.9K

Cap Rate 9%

$618,244 $618.2K

Is this asking price fair?

Market Conditions

NOI Build-Up for 6,000 SF

Gross rent

$86.4K $14.40/SF

− Vacancy

−$6.9K −$1.15/SF

EGI

$79.5K $13.25/SF

− OpEx

−$23.8K −$3.97/SF

NOI

$55.6K $9.27/SF

Area

Hillsborough County, NH

Vacancy

8.00%

Lease Rate

$14.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,112,840

Cap Rate 7%

$794,886

Cap Rate 9%

$618,244

Alternative Uses

Best Use

Warehouse

$928.7K

$812.6K – $1.08M (±1% cap)

NOI $65,007 @ 7.0% cap · market cap 10.00%

Second Best

Self Storage

$794.9K

$695.5K – $927.4K (±1% cap)

NOI $55,642 @ 7.0% cap · market cap 8.56%

Theoretical Best

Specialty Retail

$10.99M

$9.62M – $12.83M (±1% cap)

NOI $769,500 @ 7.0% cap · market cap 118.38%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Grocery & Convenience Store Auto Repair Shop Food Market Law Firm Bar & Pub

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes

Fenced yard

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

9

Businesses Nearby

Explore this area Business Placement

Demographics for 03084, NH

1,382

Population

573

Households

2.4

Avg Household Size

50

Median Age

34%

College-Educated

92%

High-School Grad

22.3 sq mi

ZIP Area

62

Density / Sq Mi

$86,528

Median Household Income

$46,438

Median Earnings

$1,108

Median Rent

$362,200

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Self storage facility - Fenced and secured facility with established occupancy and direct access from NH Route 101.

Where is this self storage facility located?

The property is located at 103 Nh Route 101 Temple, NH.

What is the asking price?

The asking price for this property is $650,000.

What are key features of this property?

This property features: 104 storage units; More than 85% occupied; Buildings completed in 2023