Medical Office Condo with
New
For Sale
$299,900
7 Taggart Drive, Nashua, NH 03060
A furnished clinical suite and operating primary care practice are offered together, with a layout configured for healthcare services.
Property Size1,423 SF
Price / SF$210.75
Days on Market5
Property Features for 7 Taggart Drive
General Information
Standard status
Active
Size
1,423 SF
Property subtype
Commercial
Additional Details
Furnished
Yes
Business Included
Yes
Office Units
1
Building Details
Year Built
1984
Owner Occupied
Yes
Listing Agency:
Market My Property,LLC
Listed By:
Keith Mercier
(603) 669-4800
Source:
Proctorandgreene
Added: Oct 13
Changed: Oct 16
Last Checked: Oct 16 at 2:05PM
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 Market My Property,LLC
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Investment Insights
Based on property information with market context.
The sale combines a 1,423-square-foot, single-level medical office condominium with the primary care practice operating there. The suite includes reception and waiting space, exam rooms with cabinetry, private provider offices, a kitchenette, and an ADA restroom. Recent improvements include LVP flooring and a Lennox air handler with central A/C installed in 2024. Medical equipment conveyed with the practice includes exam tables, an EKG, a vital signs system, and a vaccine refrigerator.
The unit is located in Greenridge Office Park at 7 Taggart Drive in Nashua, New Hampshire. Built in 1984, the property is part of a condominium association whose fee covers insurance, snow removal, landscaping, trash, water, and sewer. The owner is relocating and will provide a transition.
The unit is located in Greenridge Office Park at 7 Taggart Drive in Nashua, New Hampshire. Built in 1984, the property is part of a condominium association whose fee covers insurance, snow removal, landscaping, trash, water, and sewer. The owner is relocating and will provide a transition.
Key Highlights
- 1,423‑square‑foot medical office condominium offered with the operating primary care practice
- Single‑level healthcare layout with reception, waiting area, exam rooms, and private provider offices
- Includes exam tables, an EKG, a vital signs system, and a vaccine refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,983
Cap Rate
8.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,660
$499.7K
Cap Rate 7%
$356,900
$356.9K
Cap Rate 9%
$277,589
$277.6K
Market Conditions
NOI Build-Up for 1,423 SF
Gross rent
$38.4K $27.00/SF
− Vacancy
−$5.1K −$3.59/SF
EGI
$33.3K $23.41/SF
− OpEx
−$8.3K −$5.85/SF
NOI
$25.0K $17.56/SF
Area
Hillsborough County, NH
Vacancy
13.30%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,660
Cap Rate 7%
$356,900
Cap Rate 9%
$277,589
Alternative Uses
Best Use
Healthcare Medical
$1.49M
$1.30M – $1.74M
NOI $104,374 @ 7.0% cap · market cap 34.80%
Second Best
Office B
$356.9K
$312.3K – $416.4K
NOI $24,983 @ 7.0% cap · market cap 8.33%
Theoretical Best
Specialty Retail
$2.61M
$2.28M – $3.04M
NOI $182,500 @ 7.0% cap · market cap 60.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - A furnished clinical suite and operating primary care practice are offered together, with a layout configured for healthcare services.
Where is this medical office space located?
The property is located at 7 Taggart Drive Nashua, NH.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,423‑square‑foot medical office condominium offered with the operating primary care practice; Single‑level healthcare layout with reception, waiting area, exam rooms, and private provider offices; Includes exam tables, an EKG, a vital signs system, and a vaccine refrigerator
