Belmont NH Industrial NNN
For Sale
Contact for pricing
Pending
6 Old Prescott Hill Rd, Belmont, NH 03220
Single-tenant NNN industrial investment property in Belmont, New Hampshire.
Property Size30,000 SF
Lot Size5.10 Acres
Days on Market155
Property Features for 6 Old Prescott Hill Rd
General Information
Standard status
Pending
Size
30,000 SF
Total Parking Spaces
86
Lot size
5.10 Acres
Property subtype
Industrial
Zoning
Commercial
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Building Details
Year Built
1975
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Marcus & Millichap - Boston
(617) 896-7237
Listed By:
Harrison Klein · License #MA 9550567
Source:
Crexi
Added: Mar 10
Changed: Aug 8
Last Checked: Jul 25 at 6:48AM
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 Marcus & Millichap - Boston
Investment Insights
Based on property information with market context.
Located in Belmont, New Hampshire, the property at 6 Old Prescott Hill Rd is a single-tenant industrial investment opportunity. The 30,000-square-foot facility is situated on a 5.10-acre lot. The building features 23-foot clear heights, one dock-high door, and four drive-in doors. Additionally, the property includes approximately 2.5 acres of fenced and paved yard space. The property is currently 100% occupied and leased on a triple-net basis, offering minimal landlord responsibilities. The tenant, Consolidated Communications, recently executed a five-year lease extension, providing stable cash flow through 2030. The property is located within the Lakes Region of New Hampshire, offering strategic access to regional transportation routes serving Northern New England.
Key Highlights
- Single‑tenant NNN industrial investment leased to Consolidated Communications.
- 100% occupied with lease extension providing stable cash flow through 2030.
- 30,000‑square‑foot facility on 5.10 acres with 2.5 acres of fenced and paved yard space.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$265,073
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.55%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,301,460
$5.3M
Cap Rate 7%
$3,786,757
$3.8M
Cap Rate 9%
$2,945,256
$2.9M
Market Conditions
NOI Build-Up for 30,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$405.0K $13.50/SF
− Vacancy
−$26.3K −$0.88/SF
EGI
$378.7K $12.62/SF
− OpEx
−$113.6K −$3.79/SF
NOI
$265.1K $8.84/SF
Area
Belknap County, NH
Vacancy
6.50%
Lease Rate
$13.50 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,301,460
Cap Rate 7%
$3,786,757
Cap Rate 9%
$2,945,256
Alternative Uses
Best Use
Warehouse
$4.39M
$3.84M – $5.12M
NOI $307,346 @ 7.0% cap · market cap 9.91%
Second Best
Industrial
$3.79M
$3.31M – $4.42M
NOI $265,073 @ 7.0% cap · market cap 8.55%
Theoretical Best
Office A
$7.13M
$6.24M – $8.32M
NOI $499,392 @ 7.0% cap · market cap 16.11%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
101
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 03220, NH
7,368
Population
3,562
Households
2.1
Avg Household Size
45
Median Age
19%
College-Educated
90%
High-School Grad
30.3 sq mi
ZIP Area
243
Density / Sq Mi
$78,151
Median Household Income
$41,841
Median Earnings
$1,151
Median Rent
$265,000
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Warehouse - Single-tenant NNN industrial investment property in Belmont, New Hampshire.
Where is this warehouse located?
The property is located at 6 Old Prescott Hill Rd Belmont, NH.
What is the asking price?
The asking price for this property is $3,100,000.
What are key features of this property?
This property features: Single‑tenant NNN industrial investment leased to Consolidated Communications.; 100% occupied with lease extension providing stable cash flow through 2030.; 30,000‑square‑foot facility on 5.10 acres with 2.5 acres of fenced and paved yard space.**
