Freestanding Office
For Sale
Contact for pricing
107 W Broadway, Derry, NH 03038
Reception, private offices, an open work area, conference room, restroom, and kitchenette support a varied office layout.
Property Size896 SF
Price / SF$3.07
Days on Market31
Property Features for 107 W Broadway
General Information
Standard status
Active
Size
896 SF
Property subtype
Commercial
Zoning
OBD
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Office Units
1
Tenant in Place
Yes
Property Use
Office
Amenities
signage opportunity
Building Details
Year Built
1955
Buildings
1
Building Size
896 SF
Tenancy
Single
Owner Occupied
No
Listing Agency:
Colliers International
(603) 623-0100
Listed By:
Cassie Farley · License #Cassie C Farley
(603) 703-5617
Source:
Longviewcre
Added: Oct 2
Changed: Oct 28
Last Checked: Oct 28 at 4:04PM
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 Colliers International
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Investment Insights
Based on property information with market context.
This freestanding office building contains 896 SF and was built in 1955. Its interior includes a reception area, two private offices, an open work area, a conference room, a restroom, and a kitchenette. OBD zoning accommodates commercial services, retail, medical office, professional office, and residential uses.
The property is at the entrance to Derry, near I-93 Exit 4. It has a driveway entrance on Linwood Avenue and an exit onto W Broadway, also designated Route 102. Signage is available on W Broadway.
The property is at the entrance to Derry, near I-93 Exit 4. It has a driveway entrance on Linwood Avenue and an exit onto W Broadway, also designated Route 102. Signage is available on W Broadway.
Key Highlights
- 896 SF freestanding office building, built in 1955
- Layout includes reception, 2 private offices, open work area, conference room, restroom, and kitchenette
- OBD zoning allows commercial services, retail, medical office, professional office, and residential uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,381
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,620
$307.6K
Cap Rate 7%
$219,729
$219.7K
Cap Rate 9%
$170,900
$170.9K
Market Conditions
NOI Build-Up for 896 SF
Gross rent
$23.7K $26.40/SF
− Vacancy
−$3.1K −$3.51/SF
EGI
$20.5K $22.89/SF
− OpEx
−$5.1K −$5.72/SF
NOI
$15.4K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$307,620
Cap Rate 7%
$219,729
Cap Rate 9%
$170,900
Alternative Uses
Best Use
Office B
$219.7K
$192.3K – $256.4K
NOI $15,381 @ 7.0% cap · market cap 559.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$298.3K
$261.0K – $348.0K
NOI $20,881 @ 7.0% cap · market cap 759.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
1
Office units
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
Explore this area
Business Placement
Demographics for 03038, NH
34,482
Population
14,207
Households
2.4
Avg Household Size
40
Median Age
35%
College-Educated
93%
High-School Grad
35.8 sq mi
ZIP Area
963
Density / Sq Mi
$104,306
Median Household Income
$53,516
Median Earnings
$1,473
Median Rent
$381,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Reception, private offices, an open work area, conference room, restroom, and kitchenette support a varied office layout.
Where is this office building located?
The property is located at 107 W Broadway Derry, NH.
What are key features of this property?
This property features: 896 SF freestanding office building, built in 1955; Layout includes reception, 2 private offices, open work area, conference room, restroom, and kitchenette; OBD zoning allows commercial services, retail, medical office, professional office, and residential uses
