Three-Story Office and R&D
112 Etna Rd Lebanon, NH 03766
For Sale
Contact for pricing
Three-story office and research and development facility with ample parking and well-maintained outdoor grounds.
Property Size21,800 SF
Price / SF$194.95
Days on Market114
Property Features for 112 Etna Rd
General Information
Standard status
Active
Size
21,800 SF
Property subtype
OFFICE
Listing Agency:
Lang McLaughry Commercial Real Estate
(603) 252-8902
Listed By:
Cameron Brown
(603) 252-8902
Source:
Moodyscre
Added: Apr 8
Changed: Jul 29
Last Checked: Jul 29 at 2:57PM
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 Lang McLaughry Commercial Real Estate
Investment Insights
Based on property information with market context.
This professional office and research and development facility is a three-story building with office space on the lower level and ground level. The grounds are very well-maintained, providing outdoor areas that support eating and recreation.
The property is located near Dartmouth Hitchcock Medical Center and Dartmouth College, as well as other high-tech companies in the Upper Valley. Access is described as being off Exit 18 of Interstate 89, with the Lebanon Municipal Airport a few miles away.
The site offers ample parking to support daily tenant and visitor access.
The property is located near Dartmouth Hitchcock Medical Center and Dartmouth College, as well as other high-tech companies in the Upper Valley. Access is described as being off Exit 18 of Interstate 89, with the Lebanon Municipal Airport a few miles away.
The site offers ample parking to support daily tenant and visitor access.
Key Highlights
- Three‑story office and research and development facility at 112 Etna Road in Lebanon, NH
- Convenient access off Exit 18 of Interstate 89
- Location near Dartmouth Hitchcock Medical Center, Dartmouth College, and other high‑tech companies in the Upper Valley
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $405.5k | $18.60 |
| − Vacancy | −$53.9k | −$2.47 |
| EGI | $351.6k | $16.13 |
| − OpEx | −$87.9k | −$4.03 |
| NOI | $263.7k | $12.09 |
21,800 SF · lease $18.60/SF/yr · vacancy 13.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.77M
$3.30M – $4.39M
NOI $263,663 @ 7.0% cap · market cap 6.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.80M
$4.20M – $5.59M
NOI $335,675 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Three-story office and research and development facility with ample parking and well-maintained outdoor grounds.
Where is this office building located?
The property is located at 112 Etna Rd Lebanon, NH.
What is the asking price?
The asking price for this property is $4,250,000.
What are key features of this property?
This property features: Three‑story office and research and development facility at 112 Etna Road in Lebanon, NH; Convenient access off Exit 18 of Interstate 89; Location near Dartmouth Hitchcock Medical Center, Dartmouth College, and other high‑tech companies in the Upper Valley
