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Professional Office Unit

45 Stiles Road #206, Salem, NH 03079

For Lease
$24 SF/Yr Modified Gross

The office condominium is available under a modified gross lease for professional business use.

Space Size1,490 SF
Days on Market33

Property Features for 45 Stiles Road #206

General Information

Standard status Active
Size 1,490 SF
Net Rentable 1,490 SF
Zoning CIB
Lease Type Modified Gross

Space & Availability

Available Space 1,490 SF
Contiguous Space 1,490 SF
Space Use Office

Lease Terms

Lease Rate $24 /SF/YR
Monthly Rent $2,980
Rent per SF/Year $24

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Bhhs Verani Londonderry
Listed By: Shelly Weeks · License NH #061778
Source: Bigbearrevt
Added: Oct 9 Changed: Nov 10 Last Checked: Nov 9 at 1:58PM

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 Bhhs Verani Londonderry

Rey
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Investment Insights

Based on property information with market context.

This 1,490±-square-foot office condominium at 45 Stiles Road, Unit 206, is offered for lease on a modified gross basis. Its office configuration is suited to professional services and other office users.

The property is in Salem’s Stiles Road commercial corridor, with access to I-93 and Route 28. Its location also provides access to the Massachusetts border and Salem business and retail amenities.

Key Highlights

  • 1,490± SF office condominium
  • Modified gross lease structure
  • Located at 45 Stiles Road, Unit 206, Salem, NH 03079

Property Analytics

Current Use

Suboxone NH Doctors Medical Clinic Comolli & Co Accounting Firm Shaffer Chiropractic Center Alternative Medicine Practice Middlesex Recovery Salem Medical Clinic Kenneth M. Gabriel, ... Alternative Medicine Practice

Suggested Use

Top Pick Garden Center Grocery & Convenience Store Parking Lot & Garage Cafe & Coffee Shop Auto Parts Store Carpet & Flooring 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

Yes
Highway access
Yes
Paved road access
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,298
Businesses Nearby

Demographics for 03079, NH

30,095
Population
13,511
Households
2.2
Avg Household Size
46
Median Age
39%
College-Educated
96%
High-School Grad
24.8 sq mi
ZIP Area
1,214
Density / Sq Mi
$101,339
Median Household Income
$59,515
Median Earnings
$1,487
Median Rent
$438,500
Median Home Value

Market

Lease Benchmarks for Salem, NH

$17.65 /SF/Yr
Avg Asking Price
$13–$21.3 /SF/Yr
Price Range
5,021 SF
Avg Space Size

This space is priced 36% above the average of $17.65 /SF/Yr.

Average Price Trend$/SF/Yr for Office Units in Salem, NH

$17.56 Jul
$17.66 Aug
$17.51 Sep
$17.23 Oct

Properties on Market for Office Units in Salem

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - The office condominium is available under a modified gross lease for professional business use.
Where is this office unit located?
The property is located at 45 Stiles Road #206 Salem, NH.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1,490± SF office condominium; Modified gross lease structure; Located at 45 Stiles Road, Unit 206, Salem, NH 03079
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