Three-Office Second-Floor
For Sale
Contact for pricing
115 Indian Rock Road Unit 6, Windham, NH 03087
Office suite in a park setting with a reception area and private bath.
Property Size900 SF
Price / SF$1.86
Days on Market80
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Property Features for 115 Indian Rock Road Unit 6
General Information
Standard status
Active
Size
900 SF
Property subtype
Commercial
Additional Details
Floor
second floor
Highway Access
Yes
Building Details
Year Built
1979
Listing Agency:
Tinkham Realty, Inc.
(603) 432-7769
Listed By:
Nicholas Musto
(603) 475-4907
Source:
Lockandkeyre
Added: Jul 28
Changed: Oct 15
Last Checked: Oct 15 at 1:24AM
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 Tinkham Realty, Inc.
Investment Insights
Based on property information with market context.
This 900-square-foot office unit occupies the second floor of an office park property built in 1979. The layout includes three separate offices, a reception area, and a bathroom, creating a defined configuration for professional operations.
The property is located at 115 Indian Rock Road, Unit 6, in Windham, New Hampshire, with access near Exit 3 of I-93. Its office-park setting and separated room arrangement provide a straightforward commercial layout for an office user.
The property is located at 115 Indian Rock Road, Unit 6, in Windham, New Hampshire, with access near Exit 3 of I-93. Its office-park setting and separated room arrangement provide a straightforward commercial layout for an office user.
Key Highlights
- 900 SF second‑floor office unit
- Three offices plus reception area and bath
- Office park setting at 115 Indian Rock Road, Unit 6
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,450
Suggested Prices Based on Cap Rates
Cap Rate 5%
$309,000
$309.0K
Cap Rate 7%
$220,714
$220.7K
Cap Rate 9%
$171,667
$171.7K
Market Conditions
NOI Build-Up for 900 SF
Gross rent
$23.8K $26.40/SF
− Vacancy
−$3.2K −$3.51/SF
EGI
$20.6K $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%
$309,000
Cap Rate 7%
$220,714
Cap Rate 9%
$171,667
Alternative Uses
Best Use
Office B
$220.7K
$193.1K – $257.5K
NOI $15,450 @ 7.0% cap · market cap 922.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$299.6K
$262.2K – $349.6K
NOI $20,974 @ 7.0% cap · market cap 1,252.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
255
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Office suite in a park setting with a reception area and private bath.
Where is this office units located?
The property is located at 115 Indian Rock Road Unit 6 Windham, NH.
What are key features of this property?
This property features: 900 SF second‑floor office unit; Three offices plus reception area and bath; Office park setting at 115 Indian Rock Road, Unit 6
