Concord Investment Opportunity For
9-15 Village St, Concord, NH 03303
Prime Concord location with high foot traffic and visibility.
Type:Retail
Property size:
18,517 SFPrice / SF:
$156/SF- Added:
- Nov 21, 2025
- Days on Market:
- 182
- Last Refresh:
- Apr 5 at 11:57 pm
Property Features for 9-15 Village St
General Information
- Standard status
- Active
- Size
- 18,517 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing agent Jesse Hepler License #NH #074414 (603) 785-2246
Listing office Sperry - Commercial Realty Associates (603) 785-2246
Listing date Nov 21, 2025
Source Sperrycga
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
HighLights
- Prime location in the heart of Concord, NH, ensuring high foot traffic and visibility.
- Zoned CG, suitable for office or office building investment.
- Features 7 units, offering diverse income potential.
- Built in 1987, suggesting established construction and infrastructure.
- Proximity to Concord Mills and Capitol Shopping Center.
- Positioned in a thriving retail and dining scene.
Overview
Located at 9 Village St #15, Concord, NH, this property was built in 1987 and features 7 units within CG zoning. The property is positioned in the heart of Concord, NH, with proximity to Concord Mills and Capitol Shopping Center. The area's retail and dining scene offers an opportunity for retail and street retail investors. This property is suited for an office or office building investor. The property size is 18517 square feet.
Financial Insights
Value Estimation Calculated for Retail
Conservative
$2.40M
NOI $215,816 @ 9.00% cap · cautious / downside scenario
Moderate
$3.08M
NOI $215,816 @ 7.00% cap · market / base-case scenario
Aggressive
$4.32M
NOI $215,816 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Retail
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $333.3k | $18.00 |
| − Vacancy | −$25.0k | −$1.35 |
| EGI | $308.3k | $16.65 |
| − OpEx | −$92.5k | −$5.00 |
| NOI | $215.8k | $11.66 |
18,517 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Use Scenarios
Best Use
Retail
$3.08M
$2.70M – $3.60M
NOI $215,816 @ 7.0% cap · market cap 7.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.82M
$4.22M – $5.63M
NOI $337,501 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Shopping centers
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5877
- Latitude
- 43.2669
Nearby Similar for Sale
FAQs
What type of property is this?
Shopping center - Prime Concord location with high foot traffic and visibility.
Where is this shopping center located?
The property is located at 9-15 Village St Concord, NH.
What is the asking price?
The asking price for this property is $2,900,000.
What are key features of this property?
This property features: Prime location in the heart of Concord, NH, ensuring high foot traffic and visibility.; Zoned CG, suitable for office or office building investment.; Features 7 units, offering diverse income potential.
