Building Details

Year Built 1920

Listing Agency: Summerview Real Estate, LLC Show Phone

Listed By: Steve Trefethen · License #Steve Trefethen Show Phone

Source: Longviewcre

Added: Aug 14 Changed: Oct 28 Last Checked: Oct 28 at 3:46PM

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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 Summerview Real Estate, LLC

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

This 5,203-square-foot retail space occupies a street-level storefront in a building constructed in 1920. Large windows provide display area, and dedicated parking serves the property. The space is currently identified as a vape shop, with the remarks noting potential for other retail uses.

The storefront is next to T-BONES Great American Eatery at 37 Crystal Avenue in Derry, New Hampshire.

Key Highlights

• 5,203‑square‑foot retail space
• Street‑level storefront with large display windows
• Dedicated parking

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$73,556

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,471,120 $1.5M

Cap Rate 7%

$1,050,800 $1.1M

Cap Rate 9%

$817,289 $817.3K

What to ask about pricing

Market Conditions

NOI Build-Up for 5,203 SF

Gross rent

$112.4K $21.60/SF

− Vacancy

−$7.3K −$1.40/SF

EGI

$105.1K $20.20/SF

− OpEx

−$31.5K −$6.06/SF

NOI

$73.6K $14.14/SF

Area

Rockingham County, NH

Vacancy

6.50%

Lease Rate

$21.60 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,471,120

Cap Rate 7%

$1,050,800

Cap Rate 9%

$817,289

Alternative Uses

Best Use

Retail

$1.05M

$919.5K – $1.23M (±1% cap)

NOI $73,556 @ 7.0% cap · market cap 3,922.99%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$1.73M

$1.52M – $2.02M (±1% cap)

NOI $121,256 @ 7.0% cap · market cap 6,466.99%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

EAST COAST PAWN Discount Store Birthright of Southern Nh Medical Clinic First Nutrition Physician A1 Certified Auto Car Dealership Body Work Asian ... Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store HVAC Service Hotel & Motel Garden Center Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

869

Businesses Nearby

167k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 43% Shops & Services 24% Groceries 15% Home Improvements & Furnishings 8%

McDonald's Dining

26,547 visits/mo 0.2 miles

Shaw's Supermarket Groceries

25,715 visits/mo 0.2 miles

Cumberland Farms Shops & Services

15,763 visits/mo 0.5 miles

Starbucks Dining

14,871 visits/mo 0.3 miles

Tractor Supply Co. Home Improvements & Furnishings

12,706 visits/mo 0.3 miles

Demographics for 03038, NH

34,482

Population

14,207

Households

2.4

Avg Household Size

40

Median Age

35%

College-Educated

93%

High-School Grad

35.8 sq mi

ZIP Area

963

Density / Sq Mi

$104,306

Median Household Income

$53,516

Median Earnings

$1,473

Median Rent

$381,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Street-level retail space offers dedicated parking and prominent windows for merchandise displays.

Where is this retail space located?

The property is located at 37 Crystal Avenue Derry, NH.

What are key features of this property?

This property features: 5,203‑square‑foot retail space; Street‑level storefront with large display windows; Dedicated parking