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    FOR LEASE
    Office buildings

    135 Commerce Way, Portsmouth, NH 03801

    56,560 SF 5.39 ac lot Built 1990
    Entity Owned 8-yr Hold Absentee Owner Free & Clear
    Property ID
    US58-0613452
    Property summary
    AI-generated overview

    This exceptional 9,034 square foot, fully furnished creative office space is available for sublease at 135 Commerce Way, Portsmouth, NH 03801. Located in the well-maintained Portsmouth Office Park, this first-floor unit (Unit 101) boasts a spacious open workspace with 65 cubicle stations, perfect for a collaborative team environment. The space also includes a smaller collaborative area with comfortable couches, five private offices for individual work or small team meetings, and two conference rooms for larger gatherings. A recently remodeled kitchen adds convenience and a modern touch. Large wrap-around windows provide abundant natural light, creating a bright and inviting atmosphere. The property offers ample on-site parking for employees and visitors. Built in 1990 and renovated in 2024, this office space is situated in a prime location, offering easy access to Interstate 95, downtown Portsmouth, Mall at Fox Run, The Crossings at Fox Run, and the Pease International Tradeport. The sublease term extends through May 31, 2028. The building is zoned for Office Research and is part of a larger 56,560 square foot building within Rockingham County. This is a single-tenant occupancy within a single building. This turnkey solution offers immediate occupancy and a productive workspace in a highly desirable location.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1990
    Construction FRAME
    Total area 56,560 SF
    Lot 5.39 ac (234,788 SF)
    Zoning code OR
    APN PRSM M:0216 B:0001 L:11
    UPID US58-0613452
    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
    • Novocure-Work Medical Clinic
    • Healthcare Administrative Partners Medical Billing Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $11.13M
    Blend (final) Blend
    $11.26M
    Owner & transaction history
    135 COMMERCE WAY LLC
    135 COMMERCE WAY LLC
    Zoning & alternative use
    OR · Portsmouth, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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