Building Details

Year built 1986

Building materials Metal, Metal Siding

Roof type Metal, Shingle

Listing Agency: Keller Williams Realty-Metropolitan Show Phone

Listed By: Krissy LaPorte Show Phone

Added: May 22 Changed: Oct 16 Last Checked: Oct 17 at 12:06PM

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MLS# 5090462

Copyright © 2026 PrimeMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 24,568 SF flex facility, constructed in 1986, combines conditioned industrial space with warehouse and operational areas. The building is configured for manufacturing, assembly, distribution, and contractor-related operations, with a layout that can be organized for multiple occupants or departments. A 1,200A three-phase service and an 800A three-phase service provide substantial electrical capacity for production and other equipment-intensive uses.

Loading is supported by one drive-in door and two dock-high doors. The property encompasses 4.19 acres and includes a metal and metal-siding exterior, metal and shingle roofing, forced-air propane heating, central air, and private well water. An additional 12,166 SF of expansion potential is identified. The site is positioned for access to NH Route 111, with proximity to the Massachusetts border, Nashua, and regional highway corridors.

Key Highlights

• 24,568 SF conditioned industrial/flex building on 4.19 acres
• 1,200A and 800A three‑phase electrical services
• One drive‑in door and two dock‑high doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$210,622

Cap Rate

8.96%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,212,440 $4.2M

Cap Rate 7%

$3,008,886 $3.0M

Cap Rate 9%

$2,340,244 $2.3M

Is this asking price fair?

Market Conditions

NOI Build-Up for 24,568 SF

Gross rent

$318.4K $12.96/SF

− Vacancy

−$17.5K −$0.71/SF

EGI

$300.9K $12.25/SF

− OpEx

−$90.3K −$3.67/SF

NOI

$210.6K $8.57/SF

Area

Hillsborough County, NH

Vacancy

5.50%

Lease Rate

$12.96 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$4,212,440

Cap Rate 7%

$3,008,886

Cap Rate 9%

$2,340,244

Alternative Uses

Best Use

Warehouse

$3.80M

$3.33M – $4.44M (±1% cap)

NOI $266,181 @ 7.0% cap · market cap 11.33%

Second Best

Industrial

$3.01M

$2.63M – $3.51M (±1% cap)

NOI $210,622 @ 7.0% cap · market cap 8.96%

Theoretical Best

Specialty Retail

$45.01M

$39.39M – $52.51M (±1% cap)

NOI $3,150,846 @ 7.0% cap · market cap 134.08%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Puritan Capital Marketing & Advertising Major Mail (a division ... Postal Service Ditto Editions Printing Service

Suggested Use

Top Pick Building Supply Auto Repair Shop Restaurant Storage Facility Spa & Massage Center Grocery & Convenience 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

2

Dock-high doors

1

Drive-in doors

Yes

Heavy power

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

88

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

Demographics for 03049, NH

8,342

Population

3,397

Households

2.5

Avg Household Size

47

Median Age

52%

College-Educated

98%

High-School Grad

31.7 sq mi

ZIP Area

263

Density / Sq Mi

$156,140

Median Household Income

$77,104

Median Earnings

$1,572

Median Rent

$622,800

Median Home Value

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

Frequently Asked Questions

What type of property is this?

Flex space - IN-zoned facility with heavy three-phase power and loading infrastructure for industrial and operational users.

Where is this flex space located?

The property is located at 95 Runnells Bridge Road Hollis, NH.

What is the asking price?

The asking price for this property is $2,350,000.

What are key features of this property?

This property features: 24,568 SF conditioned industrial/flex building on 4.19 acres; 1,200A and 800A three‑phase electrical services; One drive‑in door and two dock‑high doors