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Property profile & analytics
FOR LEASE
Commercial real estate

1155 Elm St Manchester, NH 03101

146,177 SF 1.35 ac lot Built 1986
Individually Owned 19-yr Hold ~ Est. High Equity
Property ID
US58-0086755
Property summary
AI-generated overview

1155 Elm Street offers exceptional office space in Manchester, NH's vibrant financial district. This prestigious eight-story, Class A building boasts 134,877 square feet of total space, providing a range of options for businesses of all sizes. The property features a convenient attached parking garage, a significant advantage in a bustling urban setting. Multiple tenancy options are available, with spaces ranging from a minimum of 1,980 square feet to a maximum contiguous space of 6,180 square feet. Currently, there are 24,098 square feet of vacant space ready for immediate occupancy. The building's strategic location places tenants within easy reach of numerous high-quality restaurants and retail establishments, enhancing the overall work experience. Built in 1986, 1155 Elm Street is zoned for Business (B-4) District use, ensuring flexibility for a variety of professional enterprises. The property's address is 1155 Elm Street, Manchester, NH 03101, and its APN is 0091//0025//. This landmark address offers a combination of prime location, modern amenities, and flexible space configurations, making it an ideal choice for businesses seeking a prestigious and convenient Manchester location. The building consists of one structure with eight stories.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1986
Construction STEEL FRAME
Total area 146,177 SF
Lot 1.35 ac (58,657 SF)
APN MNCH M:0091 B:000 L:0025
UPID US58-0086755
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
Current use
Occupant on record · Public records
  • Anthem Blue Cross and Blue Shield Insurance Agency
  • New York Life Insurance Insurance Agency
  • Shaheen & Gordon, P.A. Law Firm
  • New York Life: Brian Keane Insurance Agency
  • Robert M. Williams - UBS Financial Services Inc. Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$25.10M
Comparable Approach Comparable
$11.68M
Blend (final) Blend
$18.71M
Owner & transaction history
White Manchester Farley · 19 yrs held
White Manchester Farley
since 2007
3 recorded transactions
2007
$25.0M
2005
$32.5M
1999
$13.5M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $26.7M +16.2%
Auto repair, garage $24.4M +6.5%
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