118 Portsmouth AveStratham, NH 03885

  • Other commercial real estate
  • 11,396 SF
For Lease

Property Details for 118 Portsmouth Ave

Year built
1994
Lot size
8.96 AC
Property size (Sq ft)
11,396 SF
Zone code
PRE P
Property type
Other commercial real estate
APN
STRH M:00013 B:000069 L:000000
APU
STRHM00013B000069L000000

Description

This exceptional 4,776 square foot office space is available for sublease on the second floor of a modern, two-story building in Stratham, New Hampshire. Built in 2019 and renovated in 2020, this meticulously maintained space offers a highly functional layout ideal for a variety of professional businesses. The suite boasts a welcoming reception area flowing into a large workroom, providing ample space for staff and collaboration. Nine private offices ensure privacy and individual workspaces, complemented by two dedicated conference rooms for meetings and presentations. A collaborative bullpen area fosters teamwork and open communication, while a convenient kitchenette and storage areas add to the overall functionality. The sublease term extends to August 31, 2025, with the possibility of a longer-term lease. The building features one elevator for convenient access to the second floor. This prime location on Route 33/Portsmouth Avenue offers excellent visibility and accessibility, with easy access to major highways including Route 101 and I-95. Commuting is a breeze, with downtown Portsmouth just 20 minutes away and downtown Exeter a short 10-minute drive. The property is zoned for commercial use and situated within Rockingham County. This is a rare opportunity to secure high-quality, move-in ready office space in a desirable location.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,156,569
    Hospitality
    $1,975,406
    Educational
    $1,643,514
    Medical
    $1,700,037
    Retail
    $2,556,578
118 Portsmouth Ave, Stratham, New Hampshire
Leaflet | © OpenStreetMap contributors

Location Insight

City
Stratham
County
Rockingham
State
New Hampshire
Latitude
43.0195
Longitude
-70.9151
CBSA code
14460
CBSA name
BOSTON-CAMBRIDGE-QUINCY, MA-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
$163,857
$2,142,700
$5,693,600
$7,836,300
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