Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    5 Warren St Concord, NH 03301

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,500 /Mo ($83 SF/Yr)

    Renovated office suite in downtown Concord with exposed brick.

    Property size:
    361 SF
    Lot size:
    0.12 Acres

    Property Features for 5 Warren St

    General Information

    Size
    361 SF
    Lot size
    0.12 Acres

    We can help!

    Listing Contact
    Ryan Russell
    Ryan Russell
    Source: Moodyscre

    Listing Agent: Ryan Russell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Downtown Concord Office Space

    Located in downtown Concord at Bicentennial Square, 5 Warren St-STE 3 is a renovated office suite featuring 11' ceilings, tall windows, and exposed brick walls. The 361+/- SF unit, situated on the 2nd floor as Unit 3, includes a large open room and a smaller office at the rear. The restrooms are located in the common area hallway. Available for $795/month gross lease, the tenant is responsible for their own phone, internet, and interior cleaning. The landlord covers electric and heat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Golden Order Tattoo Tattoo & Piercing Shop Becker Legal Law Firm Seven Horses Tattoo Tattoo & Piercing Shop Lisa Houle Counselor Priority Title Services ... Title Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Concord
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.536608
    Latitude
    43.2049221

    Nearby Similar for Lease

    • Contact for pricing
      719,611 SF

      Commercial Property Near Downtown Concord

      Multi-tenant commercial property with suites available for lease.
      254 N State St, Concord, NH 03301
      View Details
    • Contact for pricing
      719,611 SF

      Concord Commercial Property For Lease

      Versatile commercial spaces available near Downtown Concord with flexible zoning.
      254 N State St, Concord, NH 03301
      View Details
    • Contact for pricing
      20,473 SF

      Professional Office Space in Concord

      Second-floor office suite with shared amenities in downtown Concord.
      3 N Spring St, Concord, NH 03301
      View Details
    • $5 SF/Yr
      139,670 SF

      Industrial Space in Penacook

      Large industrial facility with office, manufacturing, and warehouse space.
      77 Merrimack St, Concord, NH 03303
      View Details
    • $14 SF/Yr
      6,490 SF

      Class A Office Space Available

      Modern office space for lease in Concord, New Hampshire.
      5 Chenell Dr, Concord, NH 03301
      View Details
    • $25 SF/Yr
      41,316 SF

      Concord Office Suites For Rent

      Multiple office suites available in Concord's Central Business District.
      143 N Main St, Concord, NH 03301
      View Details
    • $3,000 /Mo
      2,090 SF

      Retail/Office Space in Concord NH

      Prime retail or office space in historic Concord, NH.
      47 North Main St, Concord, NH 03301
      View Details
    • $19 SF/Yr
      3,536 SF

      Downtown Concord Class A Office

      Class A office space for lease in downtown Concord.
      49 S Main St, Concord, NH 03301
      View Details
    • $15 SF/Yr

      Furnished Office Space Available

      Professional, ADA-compliant, furnished office space for lease.
      20 Warren St, Concord, NH 03301
      View Details
    • $12 SF/Yr
      97,185 SF

      Concord Manufacturing and Warehouse Space

      97,185 SF manufacturing/warehouse space available in Concord, New Hampshire.
      92 Old Turnpike Rd, Concord, NH 03301
      View Details
    • $6 SF/Yr
      6,249 SF

      Concord, NH Office Space for Lease

      Flexible workspace solutions in Concord, NH.
      20 Foundry St, Concord, NH 03301
      View Details
    • $1,800,000
      12,000 SF

      Downtown Concord Two-Story Retail Building

      Two-story retail building in downtown Concord available for lease/purchase.
      97 Storrs St, Concord, NH 03301
      View Details

    FAQs

    What type of property is this?
    Office space - Renovated office suite in downtown Concord with exposed brick.
    Where is this office space located?
    The property is located at 5 Warren St Concord, NH.
    What is the lease rate?
    The lease rate is $83 SF/Yr.
    What are key features of this property?
    This property features: - Conveniently located in the heart of downtown Concord at Bicentennial Square.; - Gross lease of $795/month; tenant only responsible for phone, internet, and interior cleaning.; - Landlord pays for electric and heat.
    (603) 369-2409
    Request Owner's contact information
    5 Warren St Concord, NH 03301
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5 Warren St
    Concord, NH 03301
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5 Warren St Concord, NH 03301
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ryan Russell
    Ryan Russell
    (603) 369-2409
    Learn more
    Google sign-in failed. Please try again or use another login method.