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Freestanding Flex Building
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359 Corporate Dr, Portsmouth, NH 03801

Office, warehouse, solar panels, and multi-level space create a versatile commercial configuration.

Property Size24,750 SF
Lot Size10.00 Acres
Days on Market145

Property Features for 359 Corporate Dr

General Information

Standard status Active
Size 24,750 SF
Lot size 10.00 Acres
Property subtype Industrial, Mixed Use, Office

Site & Location

Highway Access Yes
Road Access Yes

Warehouse & Industrial

Warehouse Space 1,920 SF
Office Build-Out 18,830 SF
Drive-In Doors 1

Amenities

solar panels
drive-in door

Building Details

Buildings 1
Stories 2
Building Size 24,750 SF
Listing Agency: Colliers - Portsmouth, New Hampshire
Listed By: David Choate · License #NH 009108
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 7:09PM

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 Colliers - Portsmouth, New Hampshire

Investment Insights

Based on property information with market context.

This freestanding flex property contains 24,750± SF across office and warehouse components. The first floor includes 15,680± SF of office space and 1,920± SF of warehouse area with a 10’ x 10’ drive-in door. The second floor adds 7,150± SF of office space, including 4,000± SF that remains unfinished. The roof carries 99 solar panels supported by 3 inverters.

The property occupies 10.0± acres within the Pease International Tradeport and has frontage on 3 streets. Access is provided directly from the Spaulding Turnpike and I-95, with historic downtown Portsmouth a few minutes away. The property is subject to a ground lease through 11/30/2027, with two 10-year renewal options.

Key Highlights

  • 24,750± SF freestanding flex/office building on 10.0± acres
  • 15,680± SF of first‑floor office space and 7,150± SF of second‑floor office space
  • 1,920± SF first‑floor warehouse with a 10’ x 10’ drive‑in door

Property Analytics

Current Use

FirstLight HQ New ... Corporate Office

Suggested Use

Top Pick Building Supply HVAC Service Restaurant Hair Salon Pharmacy Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

396
Businesses Nearby
Well-served
Demand for This Use

Demographics for 03801, NH

22,767
Population
11,448
Households
2
Avg Household Size
43
Median Age
63%
College-Educated
98%
High-School Grad
23.8 sq mi
ZIP Area
957
Density / Sq Mi
$106,520
Median Household Income
$65,984
Median Earnings
$1,783
Median Rent
$647,500
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Office, warehouse, solar panels, and multi-level space create a versatile commercial configuration.
Where is this flex space located?
The property is located at 359 Corporate Dr Portsmouth, NH.
What are key features of this property?
This property features: 24,750± SF freestanding flex/office building on 10.0± acres; 15,680± SF of first‑floor office space and 7,150± SF of second‑floor office space; 1,920± SF first‑floor warehouse with a 10’ x 10’ drive‑in door
(603) 433-7100 Call to check price and availability
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