15 Constitution DrBedford, NH 03110

  • Office properties
  • 97,267 SF
For Lease
$21/SF/YR View listing

Property Details for 15 Constitution Dr

Year built
1988
Construction
STEEL FRAME
Lot size
9.09 AC
Property size (Sq ft)
97,267 SF
Zone code
OF
Property type
Office properties
Property subtype
Office buildings
APN
BEDD M:13 B:37 L:3
APU
BEDDM13B37L3

Description

This exceptional Class A office building, located at 15 Constitution Drive in Bedford, New Hampshire, offers 38,035 square feet of immediately available space in a highly desirable location. The two-story, 102,136 square foot building, constructed in 1988, boasts a range of suite sizes, from a minimum of 2,035 square feet to a maximum contiguous space of 24,000 square feet. The property features a single elevator, ample free parking, and 24-hour card access for enhanced security. Tenants will enjoy a polished corporate image within a suburban setting, complemented by convenient amenities including an on-site café, high-speed internet access, and an elegant lobby with a two-story open staircase. The building's location offers easy access to major highways and is just minutes from the Manchester-Boston Regional Airport. A nearby daycare center and dry cleaner pick-up/delivery services add to the convenience. The surrounding area provides a wealth of dining, lodging, retail, and wellness options, creating a vibrant and supportive environment for businesses. This property is ideal for corporate headquarters or businesses seeking flexible, high-quality office space in a prime Bedford location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $16,081,140
    6.5%
    $14,844,130
    7%
    $13,783,835
  • Comparable approach

    Method
    Valuation
    Relative Method
    $12,708,906
    Geo Method
    $12,708,906
  • Alternative Use

    Use
    Valuation
    Residential
    $18,406,720
    Hospitality
    $16,860,458
    Educational
    $14,027,703
    Medical
    $14,510,137
    Retail
    $21,820,870
15 Constitution Dr, Bedford, New Hampshire
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Location Insight

City
Bedford
County
Hillsborough
State
New Hampshire
Latitude
42.9549
Longitude
-71.5047
CBSA code
31700
CBSA name
MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$128,901
$1,999,300
$6,710,200
$8,709,500
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