Hampstead Office Investment
For Sale
Contact for pricing
207 Stage Rd, Hampstead, NH 03841
9,163 SF Hampstead office building for sale.
Property Size9,100 SF
Price / SF$192.31
Days on Market812
Property Features for 207 Stage Rd
General Information
Standard status
Active
Size
9,100 SF
Class
B
Property subtype
Office
Occupancy
70%
Lease Type
NNN
Investment Type
Net Lease
Building Details
Year Built
2001
Stories
1
Units
2
Tenancy
Multi
Listing Agency:
Berkshire Hathaway HomeServices Verani Realty Londonderry
(603) 845-2500
Listed By:
Kimberly Reagan · License #NH 067557
Source:
Crexi
Added: May 21, 2024
Changed: Aug 9
Last Checked: Aug 8 at 7:36AM
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 Berkshire Hathaway HomeServices Verani Realty Londonderry
Investment Insights
Based on property information with market context.
This 9,163 SF building, constructed in 2001, is located in Hampstead and is zoned C-1. It is configured as a two-unit building. The property is suitable for an office investor. The property has a triple-net (NNN) lease generating immediate income. It is also ideal for an owner-user model. The property offers low management overhead and provides modern medical infrastructure. It features ample on-site parking and superior curb appeal. The location provides maximum exposure in a high-traffic area. The property has significant potential for a thriving office investment.
Key Highlights
- Immediate income generation via a triple‑net (NNN) lease.
- Strategic location in a high‑traffic area for maximum exposure.
- 9,163 SF building zoned C‑1, suitable for office use.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$156,216
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,124,320
$3.1M
Cap Rate 7%
$2,231,657
$2.2M
Cap Rate 9%
$1,735,733
$1.7M
Market Conditions
NOI Build-Up for 9,100 SF
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.
Gross rent
$240.2K $26.40/SF
− Vacancy
−$32.0K −$3.51/SF
EGI
$208.3K $22.89/SF
− OpEx
−$52.1K −$5.72/SF
NOI
$156.2K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$3,124,320
Cap Rate 7%
$2,231,657
Cap Rate 9%
$1,735,733
Alternative Uses
Best Use
Office B
$2.23M
$1.95M – $2.60M
NOI $156,216 @ 7.0% cap · market cap 8.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.03M
$2.65M – $3.53M
NOI $212,075 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
169
Businesses Nearby
Explore this area
Business Placement
Demographics for 03841, NH
6,486
Population
2,810
Households
2.3
Avg Household Size
47
Median Age
36%
College-Educated
98%
High-School Grad
10.4 sq mi
ZIP Area
624
Density / Sq Mi
$99,268
Median Household Income
$55,144
Median Earnings
$1,368
Median Rent
$465,800
Median Home Value
Market
Vacancy Rate% for Office 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?
Office building - 9,163 SF Hampstead office building for sale.
Where is this office building located?
The property is located at 207 Stage Rd Hampstead, NH.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: Immediate income generation via a triple‑net (NNN) lease.; Strategic location in a high‑traffic area for maximum exposure.; 9,163 SF building zoned C‑1, suitable for office use.
