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    FOR LEASE
    Commercial real estate

    1 Hampton Rd, Exeter, NH 03833

    50,370 SF 10.97 ac lot Built 1965
    Individually Owned 2-yr Hold ~ Est. High Equity
    Property ID
    US58-0636908
    Property summary
    AI-generated overview

    This exceptional 80,216 square foot Class B medical office building, located at 1 Hampton Rd in Exeter, New Hampshire, presents a unique investment opportunity. Constructed in 1965 and extensively renovated in 2000, the property boasts a desirable location on Route 27, offering convenient access to Exeter Hospital, part of Beth Israel Lahey Health. The building features ample parking with 326 spaces, ensuring convenient access for patients and staff. The property is zoned NP and situated in Rockingham County, zip code 03833. Multiple tenancy allows for flexibility, with various suite sizes available, ranging from approximately 866 square feet to approximately 5,143 square feet, catering to a diverse range of medical practices and healthcare providers. This well-appointed building provides a professional and efficient environment for medical professionals seeking a prime location in a thriving community. The building's strategic location and substantial parking make it an attractive option for both established and emerging medical practices. This is a rare opportunity to acquire a well-maintained and highly sought-after medical office building in a key New Hampshire market.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1965
    Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Total area 50,370 SF
    Lot 10.97 ac (477,853 SF)
    Zoning code NP
    APN EXTR M:069 L:036
    UPID US58-0636908
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.30M
    CAP Approach CAP
    $7.22M
    Comparable Approach Comparable
    $9.97M
    Blend (final) Blend
    $9.94M
    Owner & transaction history
    Ag-sc Hampton Rd Owner Ll · 2 yrs held
    Ag-sc Hampton Rd Owner Ll
    since 2023
    Last sale
    $13.5M
    7 recorded transactions
    2023
    2023
    $13.5M
    2020
    2019
    2017
    2012
    $10.0M
    2011
    Zoning & alternative use
    NP · Exeter, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $13.3M +59.7%
    Retail stores $10.9M +31.2%
    Office building $9.9M +18.9%
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    More about this property
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