Flex Space with Office and
For Sale
$339,900
Pending
17 Route 125 11, Kingston, NH 03048
Commercial unit combines front office space with an open mezzanine and overhead-door access.
Property Size2,100 SF
Days on Market48
Property Features for 17 Route 125 11
General Information
Standard status
Pending
Size
2,100 SF
Total Parking Spaces
4
Property subtype
Commercial
Warehouse & Industrial
Power
200 amps
Three-Phase Power
Yes
Building Details
Building Size
2,100 SF
Year Built
2008
Units
9
Listing Agency:
Sue Padden Real Estate LLC
Listed By:
Susan Padden
(603) 887-2792
Source:
Elliman
Added: Sep 6
Changed: Oct 13
Last Checked: Oct 20 at 8:14PM
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 Sue Padden Real Estate LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 11 at Commerce Park is a 2,100-square-foot flex space with a front office and open mezzanine. The unit includes overhead doors measuring 14 feet, 200 amp 3 phase electrical service, dual-zone AC, and propane heat. Four parking spaces are provided per unit.
The property is located at 17 Route 125 in Kingston, NH, with access from Route 125. Association services include landscaping, snow removal, trash removal, water, and sewer. The building was constructed in 2008.
The property is located at 17 Route 125 in Kingston, NH, with access from Route 125. Association services include landscaping, snow removal, trash removal, water, and sewer. The building was constructed in 2008.
Key Highlights
- 2,100 square feet of flex space
- Front office and open mezzanine
- 14‑foot overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,752
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,040
$455.0K
Cap Rate 7%
$325,029
$325.0K
Cap Rate 9%
$252,800
$252.8K
Market Conditions
NOI Build-Up for 2,100 SF
Gross rent
$28.5K $13.56/SF
− Vacancy
−$1.7K −$0.81/SF
EGI
$26.8K $12.75/SF
− OpEx
−$4.0K −$1.91/SF
NOI
$22.8K $10.83/SF
Area
Hillsborough County, NH
Vacancy
6.00%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$455,040
Cap Rate 7%
$325,029
Cap Rate 9%
$252,800
Alternative Uses
Best Use
Warehouse
$325.0K
$284.4K – $379.2K
NOI $22,752 @ 7.0% cap · market cap 6.69%
Second Best
Industrial
$257.2K
$225.0K – $300.1K
NOI $18,003 @ 7.0% cap · market cap 5.30%
Theoretical Best
Specialty Retail
$3.85M
$3.37M – $4.49M
NOI $269,325 @ 7.0% cap · market cap 79.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 03048, NH
3,353
Population
1,560
Households
2.1
Avg Household Size
46
Median Age
23%
College-Educated
86%
High-School Grad
28.3 sq mi
ZIP Area
118
Density / Sq Mi
$90,938
Median Household Income
$47,372
Median Earnings
$1,199
Median Rent
$275,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Commercial unit combines front office space with an open mezzanine and overhead-door access.
Where is this flex space located?
The property is located at 17 Route 125 11 Kingston, NH.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: 2,100 square feet of flex space; Front office and open mezzanine; 14‑foot overhead doors
