Class A Office
For Sale
Contact for pricing
Pending
26 Londonderry Tpke, Hooksett, NH 03106
High-end office building near I-93 and Route 101.
Property Size12,207 SF
Days on Market107
Property Features for 26 Londonderry Tpke
General Information
Standard status
Pending
Size
12,207 SF
Class
A
Property subtype
Office
Zoning
Industrial
Building Details
Year Built
2012
Stories
3
Units
40
Listing Agency:
Sperry - Commercial Realty Associates
(603) 289-1405
Listed By:
Jesse Hepler, CCIM | MBA · License #NH 074414
Source:
Crexi
Added: May 12
Changed: Aug 16
Last Checked: Aug 15 at 1:07PM
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 Sperry - Commercial Realty Associates
Investment Insights
Based on property information with market context.
The property at 26 Londonderry Turnpike is a Class A office building located at the intersection of Interstate 93 and Route 101 in Hooksett, New Hampshire. The property is suited for owner-occupants and provides a headquarters environment for professional firms, such as attorneys, engineers, financial institutions, healthcare administration groups, technology companies, and other corporate users. The location provides commuting access from Greater Manchester, Concord, Nashua, the New Hampshire Seacoast, and northern Massachusetts. Positioned minutes from downtown Manchester, the property allows businesses to maintain access to New Hampshire’s largest city while benefiting from parking, operational space, and a suburban office environment. The property is suited for businesses seeking to relocate from downtown Manchester to accommodate growth, improve accessibility, or modernize operations. Companies based in neighboring states may find the location appealing due to New Hampshire’s business climate while maintaining connectivity to the Boston metropolitan region. The property offers a corporate environment in one of southern New Hampshire’s commercial corridors. The property has a size of 12207 square feet.
Key Highlights
- Strategically located at the intersection of Interstate 93 and Route 101, offering exceptional regional accessibility.
- Ideal headquarters environment for professional firms seeking a polished, highly accessible business location.
- Convenient commuting access from Greater Manchester, Concord, Nashua, the New Hampshire Seacoast, and northern Massachusetts.
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
$170,661
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
8.75%
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%
$3,413,220
$3.4M
Cap Rate 7%
$2,438,014
$2.4M
Cap Rate 9%
$1,896,233
$1.9M
Market Conditions
NOI Build-Up for 12,207 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
$263.7K $21.60/SF
− Vacancy
−$36.1K −$2.96/SF
EGI
$227.5K $18.64/SF
− OpEx
−$56.9K −$4.66/SF
NOI
$170.7K $13.98/SF
Area
Merrimack County, NH
Vacancy
13.70%
Lease Rate
$21.60 /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%
$3,413,220
Cap Rate 7%
$2,438,014
Cap Rate 9%
$1,896,233
Alternative Uses
Best Use
Office B
$2.44M
$2.13M – $2.84M
NOI $170,661 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.18M
$2.78M – $3.71M
NOI $222,492 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
239
Businesses Nearby
Explore this area
Business Placement
Demographics for 03106, NH
14,799
Population
5,679
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
94%
High-School Grad
36.0 sq mi
ZIP Area
411
Density / Sq Mi
$107,137
Median Household Income
$49,950
Median Earnings
$1,638
Median Rent
$371,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - High-end office building near I-93 and Route 101.
Where is this office building located?
The property is located at 26 Londonderry Tpke Hooksett, NH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Strategically located at the intersection of Interstate 93 and Route 101, offering exceptional regional accessibility.; Ideal headquarters environment for professional firms seeking a polished, highly accessible business location.; Convenient commuting access from Greater Manchester, Concord, Nashua, the New Hampshire Seacoast, and northern Massachusetts.
