Flex Space with
For Sale
Contact for pricing
14 Lexington Drive, Laconia, NH 03246
A built-in showroom pairs with two loading docks and a drive-in door.
Property Size25,656 SF
Price / SF$0.00
Days on Market55
Property Features for 14 Lexington Drive
General Information
Standard status
Active
Size
25,656 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Dock-High Doors
2
Drive-In Doors
1
Amenities
high efficiency heating and lighting
2 loading docks
1 drive in door
showroom
Building Details
Year Built
1980
Listing Agency:
RE/MAX Innovative Bayside
(603) 279-0079
Listed By:
Steve Weeks · License #Steve Weeks
(603) 785-5811
Source:
Longviewcre
Added: Sep 8
Changed: Nov 1
Last Checked: Oct 31 at 9:13PM
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 RE/MAX Innovative Bayside
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 10,680-square-foot flex space includes a showroom positioned at the front corner of the property. Two loading docks and one drive-in door provide distinct loading options. The building dates to 1980, with high-efficiency heating and lighting.
The property sits at Lexington Drive and Route 106 (North Main St.) in O'Shea Industrial Park, Laconia.
The property sits at Lexington Drive and Route 106 (North Main St.) in O'Shea Industrial Park, Laconia.
Key Highlights
- 10,680 square feet of flex space
- Front‑corner showroom is already built out
- Two loading docks and one drive‑in door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$226,690
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,533,800
$4.5M
Cap Rate 7%
$3,238,429
$3.2M
Cap Rate 9%
$2,518,778
$2.5M
Market Conditions
NOI Build-Up for 25,656 SF
Gross rent
$346.4K $13.50/SF
− Vacancy
−$22.5K −$0.88/SF
EGI
$323.8K $12.62/SF
− OpEx
−$97.2K −$3.79/SF
NOI
$226.7K $8.84/SF
Area
Belknap County, NH
Vacancy
6.50%
Lease Rate
$13.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,533,800
Cap Rate 7%
$3,238,429
Cap Rate 9%
$2,518,778
Alternative Uses
Best Use
Retail
$4.32M
$3.78M – $5.04M
NOI $302,253 @ 7.0% cap · market cap 2,158,950.00%
Second Best
Flex RnD
$4.20M
$3.67M – $4.90M
NOI $293,932 @ 7.0% cap · market cap 2,099,514.29%
Theoretical Best
Office A
$6.10M
$5.34M – $7.12M
NOI $427,080 @ 7.0% cap · market cap 3,050,571.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
2
Dock-high doors
1
Drive-in doors
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
107
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03246, NH
16,905
Population
10,426
Households
1.6
Avg Household Size
47
Median Age
25%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
849
Density / Sq Mi
$68,407
Median Household Income
$40,504
Median Earnings
$1,180
Median Rent
$307,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A built-in showroom pairs with two loading docks and a drive-in door.
Where is this flex space located?
The property is located at 14 Lexington Drive Laconia, NH.
What are key features of this property?
This property features: 10,680 square feet of flex space; Front‑corner showroom is already built out; Two loading docks and one drive‑in door
