Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Merrimack Office Space For Rent Title is generated by Realmo AI

    316 Daniel Webster Hwy, Merrimack, NH 03054

    View on Map
    Claim this Listing
    For Lease
    Contact for pricing

    7,050± SF office space near Route 3 and amenities.

    Type:Office
    Property size:
    7,050 SF
    Added:
    Jan 24, 2024
    Days on Market:
    859
    Last Refresh:
    May 12 at 10:49 pm

    Property Features for 316 Daniel Webster Hwy

    General Information

    Standard status
    Active
    Size
    7,050 SF
    Property subtype
    Office

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 316 Daniel Webster Hwy Contact us

    We can help!

    Listing Contact
    Doug Martin
    Doug Martin

    Listing agent Doug Martin License #NH 065638

    Listing office Colliers - Manchester, New Hampshire

    Listing date Jan 24, 2024

    Source Crexi

    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 Colliers - Manchester, New Hampshire

    HighLights

    • Well below market rates for office space.
    • 7,050± SF of beautifully fit‑up office space with open work area, conference rooms, private offices, and kitchen.
    • Prime location directly off Exit 11, Route 3/Everett Turnpike.
    • Easy access to Manchester and Nashua.
    • Only 8± miles to MHT airport.
    • Additional 2,600± SF of neighboring storage space available.

    Overview

    This property offers 7,050± SF of office space, featuring a large open work area, conference rooms, private offices, and a kitchen space. An additional 2,600± SF of neighboring storage space is available. The property is located directly off Exit 11 on Route 3/Everett Turnpike, providing convenient access to Manchester and Nashua. It is also approximately 8± miles from MHT airport and close to restaurants, banks, medical facilities, childcare services, and other amenities. The property is owned and managed by Riley Enterprises.
    Property Profile Location Intelligence

    Current Use by Public Records

    Solidscape Inc. Industrial Manufacturer Solidworks Industrial Manufacturer Koha Health Medical Billing Service Bravo Garage Door ... Building Supply

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Merrimack
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.492294
    Latitude
    42.841901

    Nearby Similar for Lease

    • Contact for pricing

      Medical Office Building For Lease

      Well-equipped medical office in high-traffic Merrimack location.
      1 Mound Court, Merrimack, NH 03054
      View Details
    • Contact for pricing

      Merrimack Office Space For Lease

      Well-located office suite with three private offices and in-unit bathroom.
      579 Daniel Webster Highway, Merrimack, NH 03054
      View Details
    • $12 SF/Yr
      4,000 SF

      Industrial Condo Unit For Sale

      4,000 SF industrial condo available for owner-occupancy in 2026.
      12 Star Dr, Merrimack, NH
      View Details
    • $29 SF/Yr
      13,081 SF

      Merrimack Office Building For Rent

      Two-story office building with suites available for rent.
      11 Continental Blvd, Merrimack, NH
      View Details
    • $10 SF/Yr

      Merrimack Warehouse with Mezzanine System

      53,000 SF warehouse with office space and loading docks.
      3 Star Dr, Merrimack, NH
      View Details
    • $350/Mo
      323 SF

      Oversized Office in Shared Environment

      Bright 323 SF office space for rent in Merrimack.
      22 24 Greeley St Merrimack, NH, Merrimack, NH
      View Details
    • $20 SF/Yr
      4,500 SF

      Retail and Office Spaces Available

      Retail and office spaces for lease in Merrimack, New Hampshire.
      707 Milford Rd, Merrimack, NH
      View Details
    • Contact for pricing
      66,000 SF

      Class A Office Building

      Class A office space available for lease in Merrimack.
      25 Manchester St, Merrimack, NH 03054
      View Details
    • $8 SF/Yr

      Office Property For Sale

      Office property available for sale in Merrimack, New Hampshire.
      235 Daniel Webster Hwy, Merrimack, NH
      View Details
    • Contact for pricing

      Merrimack Commercial Space For Rent

      Versatile commercial space in Merrimack's thriving business district.
      12B Star Dr, Merrimack, NH 03054
      View Details
    • Contact for pricing
      102,600 SF

      High-Bay Warehouse Available For Lease

      102,600 SF high-bay warehouse available Q2 2026 for lease.
      734 Daniel Webster Hwy, Merrimack, NH
      View Details
    • Contact for pricing
      2,400 SF

      Retail Space in Merrimack, NH

      Retail space available in a bustling shopping center.
      370 Daniel Webster Hwy, Merrimack, NH
      View Details

    FAQs

    What type of property is this?
    Office units - 7,050± SF office space near Route 3 and amenities.
    Where is this office units located?
    The property is located at 316 Daniel Webster Hwy Merrimack, NH.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Well below market rates for office space.; **7,050± SF of beautifully fit‑up office space** with open work area, conference rooms, private offices, and kitchen.; **Prime location directly off Exit 11, Route 3/Everett Turnpike.**
    (603) 623-0100 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Doug Martin
    Doug Martin
    Real Estate License ID: NH 065638
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    316 Daniel Webster Hwy, Merrimack, NH 03054
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!