Industrial Building with Auto Body
For Sale
Contact for pricing
4 Belknap Street, Nashua, NH 03060
Fully leased industrial building with two auto body shop tenants and separate garage bays with 12-foot height doors.
Property Size6,000 SF
Price / SF$150
Days on Market102
Property Features for 4 Belknap Street
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail, Industrial
Zoning
General Industrial
Occupancy
100%
Lease Type
Gross
Additional Details
Drive-In Doors
2
Service Bays
2
Amenities
office space
restroom
down draft spray booth
Building Details
Year Built
1942
Buildings
1
Units
2
Tenancy
Multi
Building Size
6,000 SF
Listing Agency:
The Dow Group / KW
Listed By:
Adam Dow · License #NH 056660
(603) 867-7311
Source:
Crexi
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 30 at 1:56PM
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 Dow Group / KW
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This fully leased industrial building totals about 6,000± SF and is set up for automotive repair operations. Two long-term auto body shop tenants operate in separate areas, each with its own garage bay equipped with 12-foot height doors, along with office space and restrooms. A down draft spray booth is included in the building.
Built in 1942, the property supports a focused tenant use with dedicated functional space for day-to-day shop operations, including vehicle access through the overhead doors and on-site work areas.
The combination of two established, separate auto body tenants and dedicated shop components makes the building well-suited for buyers looking for an owner-occupied or multi-tenant automotive-focused industrial asset.
Built in 1942, the property supports a focused tenant use with dedicated functional space for day-to-day shop operations, including vehicle access through the overhead doors and on-site work areas.
The combination of two established, separate auto body tenants and dedicated shop components makes the building well-suited for buyers looking for an owner-occupied or multi-tenant automotive-focused industrial asset.
Key Highlights
- Fully leased industrial building totaling 6,000± SF
- Two long‑term auto body shop tenants
- Each tenant has a separate garage bay with 12‑foot height doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,438
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,028,760
$1.0M
Cap Rate 7%
$734,829
$734.8K
Cap Rate 9%
$571,533
$571.5K
Market Conditions
NOI Build-Up for 6,000 SF
Gross rent
$77.8K $12.96/SF
− Vacancy
−$4.3K −$0.71/SF
EGI
$73.5K $12.25/SF
− OpEx
−$22.0K −$3.67/SF
NOI
$51.4K $8.57/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,028,760
Cap Rate 7%
$734,829
Cap Rate 9%
$571,533
Alternative Uses
Best Use
Retail
$1.20M
$1.05M – $1.40M
NOI $83,916 @ 7.0% cap · market cap 9.32%
Second Best
Industrial
$734.8K
$643.0K – $857.3K
NOI $51,438 @ 7.0% cap · market cap 5.72%
Theoretical Best
Specialty Retail
$10.99M
$9.62M – $12.83M
NOI $769,500 @ 7.0% cap · market cap 85.50%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Drive-in doors
2
Service bays
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Explore this area
Business Placement
Demographics for 03060, NH
31,251
Population
13,003
Households
2.4
Avg Household Size
37
Median Age
31%
College-Educated
88%
High-School Grad
6.6 sq mi
ZIP Area
4,735
Density / Sq Mi
$78,068
Median Household Income
$44,628
Median Earnings
$1,539
Median Rent
$338,700
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Fully leased industrial building with two auto body shop tenants and separate garage bays with 12-foot height doors.
Where is this manufacturing property located?
The property is located at 4 Belknap Street Nashua, NH.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: Fully leased industrial building totaling 6,000± SF; Two long‑term auto body shop tenants; Each tenant has a separate garage bay with 12‑foot height doors
