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

    11 Manchester Rd, Unit 6 Derry, NH 03038

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,895 /Mo

    Hair salon space for rent in Derry's Clearbrook Center.

    Building Details

    Year built
    1988

    We can help!

    Listing Contact
    Ralph Valentine
    Source: Elliman

    Listing Agent: Ralph Valentine

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

    Learn more

    Overview

    Retail Space in Clearbrook Center

    This retail space is currently configured as a hair salon or barber shop. It features five stations, two shampoo sinks, two hair dryers, a cash wrap, and a color bar equipped with a washer and dryer. The layout also includes a waiting area and a break room. Furnishings and equipment are available for purchase in place. Located in the Clearbrook Center on Route 28, across from Applebee's in Derry, NH, the property benefits from high visibility and signage opportunities. The lease rate excludes electric, gas, and snow removal. Ample parking is available.
    Location Intelligence

    Current Use by Public Records

    Benson's Driving School Driving School Simply Fit Fitness ... Women'S Personal Trainer Andrew Dibartolo Physical Therapist Brooklyn Bagel Restaurant Breakfast Restaurant Steven A. Floyd, DC Chiropractor

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Derry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.3296197
    Latitude
    42.8966171

    Nearby Similar for Lease

    • Contact for pricing
      6,098 SF

      Derry Medical Office For Lease

      Medical office near Parkland Hospital, suitable for various professional uses.
      49 Birch St, Derry, NH 03038
      View Details
    • Contact for pricing

      Derry NH Prime Office Space

      470 SF office space in the heart of Derry.
      6 West Broadway St, Derry, NH 03038
      View Details
    • Contact for pricing

      Derry NH Prime Office Space

      Inviting 477 SF office space in downtown Derry, NH.
      6 West Broadway St, Derry, NH 03038
      View Details
    • Contact for pricing
      208,652 SF

      Derry Office Space For Lease

      Two offices with reception area available for lease.
      39.5 Birch St, Derry, NH 03038
      View Details
    • Contact for pricing
      15,120 SF

      Derry NH Warehouse with Office

      Functional warehouse space with office mezzanine in Derry, NH.
      4 Peabody Anx, Derry, NH 03038
      View Details
    • Contact for pricing

      Derry Commercial Space For Lease

      Versatile lower-level unit in high-traffic downtown area.
      37 Crystal Ave, Derry, NH 03038
      View Details
    • $1,500 /Mo
      1,050 SF

      Derry Retail Space For Rent

      1050 sq ft retail space in a desirable location.
      29 Crystal Ave, Derry, NH 03038
      View Details
    • Contact for pricing
      94,961 SF

      Retail Car Lot Opportunity

      Retail car lot with display area and office space.
      4 Peabody Road Anx, Derry, NH 03038
      View Details
    • $2,875 /Mo

      Spacious Derry Unit with Utilities

      Large 2-bed unit with extra rooms, utilities included.
      87 N High St, Derry, NH 03038
      View Details
    • Contact for pricing
      150 SF

      Affordable Single-Room Office For Lease

      Single-room office space with utilities included in Derry, NH.
      4 Peabody Road Anx, Derry, NH 03038
      View Details
    • $28 SF/Yr
      481 SF

      Derry Retail Space - Unit 110

      Affordable Derry retail space. Prime location, great visibility.
      16 Manning St, Derry, NH 03038, Derry, NH 03038
      View Details
    • $2,195 /Mo

      Derry Retail Storefront on Broadway

      Prime retail space in the heart of Downtown Derry, NH.
      8 East Broadway St, Derry, NH 03038
      View Details

    FAQs

    What type of property is this?
    Retail space - Hair salon space for rent in Derry's Clearbrook Center.
    Where is this retail space located?
    The property is located at 11 Manchester Rd, Unit 6 Derry, NH.
    What are key features of this property?
    This property features: - Fully equipped hair salon with **5 stations and 2 shampoo sinks**.; - Located in the high-traffic Clearbrook Center on Route 28.; - Option to purchase existing furnishings and equipment.
    (603) 490-9191
    Request Owner's contact information
    11 Manchester Rd, Unit 6 Derry, NH 03038
    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.
    11 Manchester Rd, Unit 6
    Derry, NH 03038
    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
    11 Manchester Rd, Unit 6 Derry, NH 03038
    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
    Ralph Valentine
    (603) 490-9191
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.