2 Pillsbury St, Concord, NH 03301
First floor office condominium with immediate occupancy available for purchase.
- Added:
- Mar 17, 2025
- Days on Market:
- 456
- Last Refresh:
- Apr 5 at 8:08 pm
Property Features for 2 Pillsbury St
General Information
- Standard status
- Active
- Size
- 1,206 SF
- Lot size
- 4.65 Acres
- Property subtype
- OFFICE
Listing agent Doug Martin License #065638 (603) 493-8784
Listing office Colliers (603) 493-8784
Listing date Mar 17, 2025
Source Moodyscre
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 Colliers
HighLights
- Immediately available for occupancy.
- Suitable for purchase or lease.
- Contains 2 private offices, a conference room, workspace, and reception area.
- Located on the first floor.
- Includes a handicap bathroom.
- Professional office condominium.
Overview
Local 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 | $26.0k | $21.60 |
| − Vacancy | −$3.6k | −$2.96 |
| EGI | $22.5k | $18.64 |
| − OpEx | −$5.6k | −$4.66 |
| NOI | $16.9k | $13.98 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5332
- Latitude
- 43.1926