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    4 Crescent St Concord, NH 03303

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    For Sale
    $4,873,201

    Net leased condo near Boston with annual rent escalations.

    Property size:
    10,613 SF
    Lot size:
    2.11 Acres

    Property Features for 4 Crescent St

    General Information

    Size
    10,613 SF
    Lot size
    2.11 Acres

    Source: SAB Agent Mark Pomella

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

    Overview

    Penacook Family Physicians Condo

    The property is Penacook Family Physicians (Concord Hospital) located in Concord, NH, approximately 70 miles northwest of Boston. The lease is structured as a net lease condo with 2.5% annual rent escalations. The tenant is a well-established operator with a significant regional presence and community reliance, holding a strong Fitch credit rating of AA-. The property is ideally located less than 2 miles from an unspecified location. The property size is 10613 square feet.
    Location Intelligence

    Current Use by Public Records

    Warrenstreet Architects Inc. Architect Mark Herron General Practitioner Katelyn Watson Physician Assistant Stephanie Pierce Nurse Practitioner Margarita Shugol Family Practice Physician

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -71.5987806
    Latitude
    43.2835112

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    FAQs

    What type of property is this?
    Medical office - Net leased condo near Boston with annual rent escalations.
    Where is this medical office located?
    The property is located at 4 Crescent St Concord, NH.
    What is the asking price?
    The asking price for this property is $4,873,201.
    What are key features of this property?
    This property features: - Strong AA- Fitch credit rating tenant, Concord Hospital.; - Net lease (condo) structure offers a straightforward investment.; - Enjoy 2.5% annual rent escalations.
    (646) 809-8840
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    4 Crescent St Concord, NH 03303
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    Realmo Value Estimation

    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.

    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.

    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
    4 Crescent St Concord, NH 03303
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