Modern Medical Facility For
For Sale
$1,300,000
245 Rochester Hill Rd, Rochester, NH 03867
Class A medical building in a campus setting.
Property Size7,646 SF
Days on Market338
Property Features for 245 Rochester Hill Rd
General Information
Standard status
Active
Size
7,646 SF
Property subtype
Commercial
Building Details
Building Size
7,646 SF
Year Built
2013
Listing Agency:
H. G. Johnson Real Estate
Listed By:
H. Gregory Johnson · License #449506654
(603) 352-5533
Source:
Elliman
Added: Nov 28, 2025
Changed: Oct 25
Last Checked: Nov 1 at 5:37AM
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 H. G. Johnson Real Estate
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Investment Insights
Based on property information with market context.
This is a modern medical facility, formerly a pediatric facility, situated in a campus setting alongside other medical-related businesses. The Class A building offers a great opportunity for various practices, including dentistry, veterinary, or general medical mixed-use. It features a full-capacity stand-by emergency back-up generator and a state-of-the-art HVAC system. An irrigation system is also in place.
Key Highlights
- Multi‑year NNN lease in place, providing immediate income.
- Modern, Class A medical facility, suitable for various medical practices.
- Located in a campus setting with other medical‑related businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$104,408
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,088,160
$2.1M
Cap Rate 7%
$1,491,543
$1.5M
Cap Rate 9%
$1,160,089
$1.2M
Market Conditions
NOI Build-Up for 7,646 SF
Gross rent
$160.6K $21.00/SF
− Vacancy
−$21.4K −$2.79/SF
EGI
$139.2K $18.21/SF
− OpEx
−$34.8K −$4.55/SF
NOI
$104.4K $13.66/SF
Area
Strafford County, NH
Vacancy
13.30%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,088,160
Cap Rate 7%
$1,491,543
Cap Rate 9%
$1,160,089
Alternative Uses
Best Use
Office B
$1.49M
$1.31M – $1.74M
NOI $104,408 @ 7.0% cap · market cap 8.03%
Second Best
Healthcare Medical
$1.48M
$1.29M – $1.72M
NOI $103,469 @ 7.0% cap · market cap 7.96%
Theoretical Best
Office A
$2.05M
$1.79M – $2.39M
NOI $143,188 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
143
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - Class A medical building in a campus setting.
Where is this medical office space located?
The property is located at 245 Rochester Hill Rd Rochester, NH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Multi‑year NNN lease in place, providing immediate income.; Modern, Class A medical facility, suitable for various medical practices.; Located in a campus setting with other medical‑related businesses.
