Multi-Tenant Retail
For Sale
Contact for pricing
6 Airfield Drive, Rye, NH 03870
Lot B includes a 60,000 SF multi-tenant retail building, with two additional commercially zoned vacant lots available for development.
Property Size60,000 SF
Price / SF$166.67
Days on Market499
Property Features for 6 Airfield Drive
General Information
Standard status
Active
Size
60,000 SF
Property subtype
RETAIL
Building Details
Tenancy
Multi
Listing Agency:
Compass | Portsmouth
(603) 661-4880
Listed By:
Bob Marchewka
(603) 661-4880
Source:
Moodyscre
Added: Mar 20, 2025
Changed: Jul 26
Last Checked: Jul 30 at 2:40PM
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 Compass | Portsmouth
Investment Insights
Based on property information with market context.
The Rye Airfield property in Rye, New Hampshire includes three commercially zoned lots. Lot B is improved with a 60,000 SF multi-tenant building, while Lots A and C are vacant and available for development as commercial or multi-family residential. A rent roll is available with a signed non-disclosure agreement, and the lots can be purchased separately.
The property is located at 6 Airfield Drive. Additional information is available through the broker, including rent roll details under NDA.
The property is located at 6 Airfield Drive. Additional information is available through the broker, including rent roll details under NDA.
Key Highlights
- Rye Airfield in Rye, NH includes three commercially zoned lots: Lot B plus Lots A and C
- Lot B is improved with a 60,000 SF multi‑tenant retail building
- Lots A and C are vacant and can be developed as commercial or multi‑family residential
Financial Insights For Retail
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 | $1.30M | $21.60 |
| − Vacancy | −$84.2k | −$1.40 |
| EGI | $1.21M | $20.20 |
| − OpEx | −$363.5k | −$6.06 |
| NOI | $848.2k | $14.14 |
60,000 SF · lease $21.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$12.12M
$10.60M – $14.14M
NOI $848,232 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.98M
$17.48M – $23.30M
NOI $1,398,298 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
183
Businesses Nearby
Explore this area
Business Placement
Demographics for 03870, NH
5,234
Population
2,653
Households
2
Avg Household Size
54
Median Age
58%
College-Educated
98%
High-School Grad
12.1 sq mi
ZIP Area
433
Density / Sq Mi
$127,772
Median Household Income
$72,398
Median Earnings
$1,521
Median Rent
$927,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Lot B includes a 60,000 SF multi-tenant retail building, with two additional commercially zoned vacant lots available for development.
Where is this retail space located?
The property is located at 6 Airfield Drive Rye, NH.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Rye Airfield in Rye, NH includes three commercially zoned lots: Lot B plus Lots A and C; Lot B is improved with a 60,000 SF multi‑tenant retail building; Lots A and C are vacant and can be developed as commercial or multi‑family residential
