Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    2 College Park Dr Hooksett, NH

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    99,372 SF Class-A office space on 35 acres.

    Type:OFFICE
    Property size:
    99,372 SF
    Lot size:
    35.61 Acres
    Added:
    May 19, 2021
    Days on Market:
    1809
    Last Refresh:
    Apr 5 at 8:15 pm

    Property Features for 2 College Park Dr

    General Information

    Standard status
    Active
    Size
    99,372 SF
    Lot size
    35.61 Acres
    Property subtype
    OFFICE

    Spaces For Lease

    at 2 College Park Dr Contact us

    We can help!

    Listing Contact
    Jamison Bibaud

    Listing agent Jamison Bibaud

    Listing office Brady Sullivan Properties

    Listing date May 19, 2021

    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 Brady Sullivan Properties

    Overview

    Class-A Office in Hooksett, NH

    Located on the northern edge of Manchester, New Hampshire, 2 College Park Drive, Hooksett, New Hampshire, is a 99,372 square foot Class-A office building situated on a 35-acre campus. The modern office design features 360-degree window lines, providing natural light throughout the building. Its location adjacent to Interstate 93 offers tenants a central hub for attracting employees from throughout New Hampshire and Massachusetts, with the state border approximately 30 minutes away. This property presents an option for a company looking to relocate its headquarters to tax-friendly New Hampshire, while remaining approximately 15 minutes from the Manchester Boston Regional Airport. The location provides a natural setting while remaining approximately 10 minutes from Concord to the north and 10 minutes from Manchester to the south.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Auto Parts Store Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Hooksett
    County
    Merrimack
    State
    New Hampshire
    Longitude
    -71.4567
    Latitude
    43.0914

    Nearby Similar for Lease

    • Contact for pricing

      Hooksett Office Space For Lease

      Office space for lease with shared amenities and ample parking.
      9 Londonderry Turnpike, Hooksett, NH 03106
      View Details
    • Contact for pricing

      Hooksett Road Commercial Condo Unit

      Commercial condo unit with garage door in central Hooksett.
      1100 Hooksett Rd Suite 101, Hooksett, NH 03106
      View Details
    • $16 SF/Yr

      Hooksett Flex Contractor Bay

      5,000± SF flex building with office and warehouse space.
      237 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • $12 SF/Yr

      Granite Hill Shoppes Retail Space

      Prime retail suites available in Hooksett's active commercial corridor.
      1461 Hooksett Rd, Hooksett, NH 03106
      View Details
    • $2,200/Mo

      Hooksett Flex Space with Bays

      Flex space with drive-in bays available for immediate occupancy.
      47 THAMES Rd 4, Hooksett, NH 03106
      View Details
    • $13 SF/Yr

      Hooksett Office Space Available

      Office space for lease in a convenient Hooksett location.
      117 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • $16 SF/Yr

      Hooksett Road Commercial Space

      Spacious commercial space ideal for retail, office, or mixed-use.
      1575 Hooksett Rd, Hooksett, NH 03106
      View Details
    • Contact for pricing

      Retail Space in Hooksett, NH

      Retail space available in Hooksett, NH, co-tenants include Target.
      208 Quality Drive, Hooksett, NH 03106
      View Details
    • Contact for pricing

      Visible Unit on Londonderry Turnpike

      Second-floor unit with signage, suitable for various uses.
      45 Londonderry Tpke, Hooksett, NH 03106
      View Details
    • Contact for pricing

      New Industrial Distribution Facility

      500,000 sq ft industrial distribution facility in Hooksett, NH.
      Hooksett, NH 03106
      View Details
    • $7 SF/Yr

      Hooksett Warehouse with Docks

      17,000 SF warehouse divisible, near Interstate 93.
      1359 Hooksett Rd, Hooksett, NH
      View Details
    • Contact for pricing

      Retail Space in Hooksett, NH

      Retail development site with excellent visibility and signage opportunities.
      1090 Hooksett Rd, Hooksett, NH
      View Details

    FAQs

    What type of property is this?
    Office building - 99,372 SF Class-A office space on 35 acres.
    Where is this office building located?
    The property is located at 2 College Park Dr Hooksett, NH.
    What are key features of this property?
    This property features: Class‑A office space totaling 99,372 SF on a 35‑acre campus; Convenient access to Interstate 93, providing a central location; Located in tax‑friendly New Hampshire
    (603) 716-6652 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Jamison Bibaud
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Thank You for Inquiry

    2 College Park Dr, Hooksett, NH

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!