Flex Space with Overhead
For Sale
Contact for pricing
25 Henniker Street, Concord, NH 03301
A multi-level industrial suite combines workspace with additional areas for offices, support functions, or storage.
Property Size27,678 SF
Price / SF$0.00
Days on Market32
Property Features for 25 Henniker Street
General Information
Standard status
Active
Size
27,678 SF
Property subtype
Commercial
Building Details
Year Built
2007
Listing Agency:
NAI Norwood Group
(603) 668-7000
Listed By:
Matt Robinson · License #Matt J Robinson
(603) 637-2247
Source:
Longviewcre
Added: Oct 1
Changed: Oct 30
Last Checked: Oct 29 at 2:49PM
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 NAI Norwood Group
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Investment Insights
Based on property information with market context.
This 4,260-square-foot flex space in Concord, New Hampshire, includes a 10-foot drive-up overhead door and a main work area with a second overhead door. The doors allow the workspace to be secured or opened into a high-bay area with approximately 20 feet of clear height. Additional usable space spans the first and second floors, with restrooms on both levels. The building was constructed in 2007.
Key Highlights
- 4,260 SF of flex space
- 10‑foot drive‑up overhead door
- Second overhead door can secure the main workspace or open it into a high‑bay area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$196,638
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,932,760
$3.9M
Cap Rate 7%
$2,809,114
$2.8M
Cap Rate 9%
$2,184,867
$2.2M
Market Conditions
NOI Build-Up for 27,678 SF
Gross rent
$322.2K $11.64/SF
− Vacancy
−$19.7K −$0.71/SF
EGI
$302.5K $10.93/SF
− OpEx
−$105.9K −$3.83/SF
NOI
$196.6K $7.10/SF
Area
Merrimack County, NH
Vacancy
6.10%
Lease Rate
$11.64 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,932,760
Cap Rate 7%
$2,809,114
Cap Rate 9%
$2,184,867
Alternative Uses
Best Use
Warehouse
$3.64M
$3.19M – $4.25M
NOI $254,951 @ 7.0% cap · market cap 3,642,157.14%
Second Best
Industrial
$3.00M
$2.62M – $3.50M
NOI $209,959 @ 7.0% cap · market cap 2,999,414.29%
Theoretical Best
Office A
$7.21M
$6.31M – $8.41M
NOI $504,475 @ 7.0% cap · market cap 7,206,785.71%
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
247
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03301, NH
33,352
Population
14,486
Households
2.3
Avg Household Size
43
Median Age
42%
College-Educated
92%
High-School Grad
49.2 sq mi
ZIP Area
678
Density / Sq Mi
$85,943
Median Household Income
$49,749
Median Earnings
$1,355
Median Rent
$344,300
Median Home Value
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - A multi-level industrial suite combines workspace with additional areas for offices, support functions, or storage.
Where is this flex space located?
The property is located at 25 Henniker Street Concord, NH.
What are key features of this property?
This property features: 4,260 SF of flex space; 10‑foot drive‑up overhead door; Second overhead door can secure the main workspace or open it into a high‑bay area
