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High-Bay Warehouse/Distribution Space Available
For Lease
$15 SF/Yr

375 Banfield Rd, Portsmouth, NH 03801

State-of-the-art, build-to-suit, high-bay warehouse/distribution space for lease.

Space Size75,000 SF
Days on Market338

Property Features for 375 Banfield Rd

General Information

Standard status Active
Size 75,000 SF
Property subtype Build-To-Suit High-Bay Warehouse/Distribution
Lease Term Estimated Base Building

Building Details

Building Size 75,000 SF

Spaces For Lease

at 375 Banfield Rd
375 Banfield Road, Portsmouth, NH 03801
Size 75,000 SF
Type Build-To-Suit High-Bay Warehouse/Distribution
Term Negotiable
Contact us
Listing Agency: The Boulos Company
Listed By: Christian Stallkamp · License #064644
Source: Boulos
Added: Nov 24, 2025 Changed: Oct 25 Last Checked: Oct 28 at 5:16AM

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 The Boulos Company

Rey
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Investment Insights

Based on property information with market context.

The property at 375 Banfield Road presents a leasing opportunity for a state-of-the-art, build-to-suit, high-bay warehouse/distribution space. Conceptual plans are in place for a facility offering up to approximately 75,000 square feet of high-bay warehouse space, which can incorporate up to 5% office space. The warehouse design includes loading docks equipped with seals and levelers, a drive-in door, and base lighting throughout. The site has already received site plan approval, and the bulk of the site work has been completed. The space can be subdivided to approximately 40,000 square feet. The facility offers the potential for 50’ clear height, loading docks, and drive-in doors. The location is convenient for both employees and customers, with the potential for abundant on-site parking. There is flexibility to customize the space. Construction pricing is subject to change based on market conditions and availability.

Key Highlights

  • State‑of‑the‑art, build‑to‑suit high‑bay warehouse/distribution space.
  • Potential for 50’ clear height.
  • Site plan approval with the bulk of site work completed.

Property Analytics

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

Current Use

Portsmouth Garage Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Grocery & Convenience Store Bakery (Bike/Boat/Book/etc) 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

460
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Portsmouth, NH

$15.01 /SF/Yr
Avg Asking Price
$12–$19 /SF/Yr
Price Range
32,040 SF
Avg Space Size

Vacancy Rate% for Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025

Similar Off Market Nearby

  • Life Storage — 70 Heritage Ave, Portsmouth, NH 03801
  • Gentle Giant Moving Company — 199 Constitution Ave #5, Portsmouth, NH 03801
  • Mclaughlin Moving — 75 Constitution Ave, Portsmouth, NH 03801
  • Extra Space Storage — 330 West Rd, Portsmouth, NH 03801
  • Sage Storage Facility — 235 West Rd, Portsmouth, NH 03801

Frequently Asked Questions

What type of property is this?
Warehouse - State-of-the-art, build-to-suit, high-bay warehouse/distribution space for lease.
Where is this warehouse located?
The property is located at 375 Banfield Rd Portsmouth, NH.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: State‑of‑the‑art, build‑to‑suit high‑bay warehouse/distribution space.; Potential for **50’ clear height.**; Site plan approval with the bulk of site work completed.
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