Industrial Buildings on 4
212 Pembroke Rd, Concord, NH 03301
Two industrial buildings with high visibility and gated parking.
Type:Industrial
Property size:
12,300 SFLot size:
3.98 AcresPrice / SF:
$142/SF- Added:
- Jan 27, 2023
- Days on Market:
- 1256
- Last Refresh:
- May 19 at 10:10 pm
Property Features for 212 Pembroke Rd
General Information
- Standard status
- Active
- Size
- 12,300 SF
- Lot size
- 3.98 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1957
Listing office ZJBV Properties LLC
Listing date Jan 27, 2023
Source Crexi
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 ZJBV Properties LLC
HighLights
- Two industrial buildings totaling 12,330 SF on 3.98 acres.
- Large gated parking lot and three curb cuts.
- Building A (3,600 SF): Leased auto repair garage with 5 garage doors, 2 drive‑through bays, and multiple offices.
- Building B (8,730 SF): Freezer warehouse with 2 loading docks, refrigerated storage, pallet racking, and two separate freezer spaces.
- High traffic location with frontage on 3 major roadways.
- Building B is currently available for lease.
Overview
Two industrial buildings situated on 3.98 acres are available for sale. The property features a large gated parking lot and three curb cuts. The total square footage of the two buildings is 12,330. Building A is an auto repair building with approximately 3,600 square feet. It includes five garage doors, two drive-through bays, one drive-in bay, multiple offices, and the capacity for four car lifts. Additional features of Building A include exhaust fans, pull-down utilities, two bathrooms, a finished front office/receiving office, and private parking. Building B is a freezer warehouse with 8,730 square feet. It has a ceiling height of 20 feet and two loading docks. The warehouse includes refrigerated storage, pallet racking, two separate freezer spaces, and finished offices. The property benefits from high traffic and frontage on three major roadways. Building A is currently leased to Red auto repair garage, and two tenants are inside the gated parking lot. Building B is currently available.
Local 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 | $221.4k | $18.00 |
| − Vacancy | −$16.6k | −$1.35 |
| EGI | $204.8k | $16.65 |
| − OpEx | −$61.4k | −$5.00 |
| NOI | $143.4k | $11.66 |
12,300 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.05M
$1.79M – $2.39M
NOI $143,357 @ 7.0% cap · market cap 8.19%
Second Best
Warehouse
$1.62M
$1.42M – $1.89M
NOI $113,299 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$3.20M
$2.80M – $3.74M
NOI $224,187 @ 7.0% cap · market cap 12.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Auto shops
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.4842062
- Latitude
- 43.2128326
Nearby Similar for Sale
FAQs
What type of property is this?
Warehouse - Two industrial buildings with high visibility and gated parking.
Where is this warehouse located?
The property is located at 212 Pembroke Rd Concord, 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: Two industrial buildings totaling 12,330 SF on 3.98 acres.; Large gated parking lot and three curb cuts.; Building A (3,600 SF): Leased auto repair garage with **5 garage doors, 2 drive‑through bays, and multiple offices**.
