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Five-Unit Flex Portfolio

70 Zachary Road Manchester, NH 03109

70 Zachary Road, Manchester, NH, 03109
$1,150,000
For Sale
$1,150,000

Five contiguous flex units include modern office space and a 10' x 10' drive-in door warehouse component.

Property Size7,250 SF
Price / SF$158.62
Days on Market70

Property Features for 70 Zachary Road

General Information

Standard status
Active
Size
7,250 SF
Property subtype
Office - General Office

Building Details

Year Built
1986
Listing agency SPERRY - Commercial Realty Associates
Listed by Dave Tanguay · License ##077077
Source Commercialcafe
Added: May 14 Updated: Jul 22 at 10:54AM Checked: Jul 22 at 10:54AM

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 SPERRY - Commercial Realty Associates


Investment Insights

Based on property information with market context.

70 Zachary Road offers a five-unit flex portfolio with units 3 through 7 presented together as a contiguous block. The space combines approximately 5,850 SF of office buildout with multiple private offices, open work areas, conference rooms, and upgraded finishes, along with approximately 1,400 SF of warehouse space designed to support light industrial operations.

The warehouse component includes a 10' x 10' drive-in door, supporting day-to-day loading and service activities alongside office use. The property is delivered vacant and move-in ready.

The offering is positioned in Manchester’s South Willow industrial and commercial corridor with convenient access to major transportation routes, including Interstate 293, the Everett Turnpike, and Manchester-Boston Regional Airport. The surrounding area includes office, industrial, distribution, and service-oriented businesses, along with retail, restaurants, hotels, and national retailers along South Willow Street.

Key Highlights

  • 7,250 SF flex portfolio at 70 Zachary Road with five contiguous units (Units 3–7) delivered vacant
  • About 5,850 SF of office space with multiple private offices, open work areas, and conference rooms
  • 1,400 SF warehouse with a 10' x 10' drive‑in door for light industrial or service use

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
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.

Component $ $/SF
Gross rent $121.8k $16.80
− Vacancy −$7.1k −$0.97
EGI $114.7k $15.83
− OpEx −$40.2k −$5.54
NOI $74.6k $10.29
7,250 SF · lease $16.80/SF/yr · vacancy 5.80% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$1.07M
$932.2K – $1.24M (±1% cap)
NOI $74,578 @ 7.0% cap · market cap 6.49%
Second Best
Warehouse
$1.01M
$880.0K – $1.17M (±1% cap)
NOI $70,400 @ 7.0% cap · market cap 6.12%
Theoretical Best
Specialty Retail
$1.78M
$1.56M – $2.08M (±1% cap)
NOI $124,628 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

K L Jack ... Big Box & Wholesale Store Turbotek IT Consulting Firm American Alarm and Communications, ... Security Service

Suggested Use

Dental Office Restaurant Law Firm Real Estate Agency Pharmacy Parking Lot & Garage Skin Care Clinic Storage Facility Furniture & Home Goods Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Flex space - Five contiguous flex units include modern office space and a 10' x 10' drive-in door warehouse component.
Where is this flex space located?
The property is located at 70 Zachary Road Manchester, NH.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: 7,250 SF flex portfolio at 70 Zachary Road with five contiguous units (Units 3–7) delivered vacant; About 5,850 SF of office space with multiple private offices, open work areas, and conference rooms; 1,400 SF warehouse with a 10' x 10' drive‑in door for light industrial or service use
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