Add Listing
    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

    123 Nashua Rd Londonderry, NH 03053

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Premier 15,251 SF retail space with ample parking.

    Property size:
    15,251 SF
    Lot size:
    9.48 Acres

    Property Features for 123 Nashua Rd

    General Information

    Size
    15,251 SF
    Lot size
    9.48 Acres

    We can help!

    Listing Contact
    Andrew Levy
    Andrew Levy
    Source: Moodyscre

    Listing Agency: Berkshire Hathaway HomeServices Verani Realty Commercial Division Listing Agent: Andrew Levy

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

    Learn more

    Overview

    Freestanding Retail Space on Route 102

    This 15,251 square foot retail property, formerly a Rite Aid, is located on Nashua Road (NH Route 102) in Londonderry, NH. The freestanding building features a modern architectural design and flexible floor plans. The property includes ample on-site parking and excellent visibility on Route 102. It also has a drive-up window and pneumatic system. The location provides direct access to nearby amenities and is situated in a professionally managed neighborhood center. The property offers versatile spaces conducive to productivity and expansive windows that allow natural light to fill the interior. This location is suitable for businesses seeking to enhance their operations in a dynamic setting.
    Location Intelligence

    Current Use by Public Records

    Germain Cynthia DVM Veterinary Clinic N H Democratic ... Advocacy Group 102 Escape Arcade & Gaming Center Crossroads Animal Hospital Veterinary Clinic Crossroads Mall Shopping Center & Mall

    Suggested Use

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

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

    Similar Places Nearby

    Susan C. Carty, BS, Walgreens Pharmacy, CVS Pharmacy, Daniel D'alessandro, Craig Boardman

    Location Insight

    • Map
    • Local Demand
    City
    Londonderry
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.3601955
    Latitude
    42.8458224

    Nearby Similar for Lease

    • Contact for pricing
      158,994 SF

      Londonderry Commercial Space For Lease

      Established salon space for lease in Londonderry, New Hampshire.
      516 Mammoth Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing

      Londonderry Office Space For Lease

      Two-level office space in historic landmark near Route 93.
      183 Mammoth Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      158,994 SF

      Londonderry Office Suite For Lease

      Affordable office space in a high-traffic Londonderry location.
      3 Sanborn Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      158,994 SF

      Londonderry Office Space For Lease

      One-room office space with water access and shared common area.
      3 Sanborn Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      158,994 SF

      Londonderry Office Suite For Lease

      Four-room office suite in Londonderry, NH, near I-93.
      3 Sanborn Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      158,994 SF

      Customizable Office Space in Londonderry

      Large, customizable office space in a high-traffic Londonderry location.
      3 Sanborn Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      289,674 SF

      Adaptable Warehouse Units For Lease

      Warehouse units with office space and outside storage available.
      520 Mammoth Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      158,994 SF

      Londonderry Garage or Storage Space

      Small garage or storage space for rent in Londonderry, NH.
      516 Mammoth Rd, Londonderry, NH 03053
      View Details
    • Contact for pricing
      158,994 SF

      Londonderry Storage Trailer For Lease

      9x55 storage trailer ideal for contractors near I-93.
      516 Mammoth Rd, Londonderry, NH 03053
      View Details
    • $2,449 /Mo

      Retail Space at Mr. Steer

      1518 SF retail space in active market center.
      27 Buttrick Rd, Londonderry, NH 03053
      View Details
    • $465 /Mo

      Office Space with Utilities Included

      Office space suitable for small business with utilities included.
      1 Nashua Rd, Londonderry, NH 03038
      View Details
    • $1,199 /Mo

      Modern Shared Office Spaces

      Sophisticated, fully updated office spaces with endless amenities included.
      75 Gilcreast Rd, Londonderry, NH 03053
      View Details

    FAQs

    What type of property is this?
    Drug store - Premier 15,251 SF retail space with ample parking.
    Where is this drug store located?
    The property is located at 123 Nashua Rd Londonderry, NH.
    What are key features of this property?
    This property features: - Excellent visibility on Route 102; - Ample on-site parking; - Flexible floor plan
    (603) 493-1007 Call to check price and availability
    Request Owner's contact information
    123 Nashua Rd Londonderry, NH 03053
    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.
    123 Nashua Rd
    Londonderry, NH 03053
    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
    123 Nashua Rd Londonderry, NH 03053
    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!
    Contact for Pricing
    Please call us for current price
    and status of this listing Andrew Levy
    Andrew Levy
    (603) 493-1007 (603) 845-2500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!