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Property profile & analytics
FOR LEASE
Office buildings

20 Foundry St 2ND Concord, NH 03301

22,776 SF 1.78 ac lot Built 2004
Entity Owned 10-yr Hold ~ Est. High Equity
Property ID
US58-0238388
Property summary
AI-generated overview

This Concord, New Hampshire office property at 20 Foundry Street offers a diverse range of flexible workspace solutions to suit various business needs. Located in Merrimack County, this multi-tenant building provides options for traditional office space, executive suites, coworking areas, and even medical office setups. Businesses can tailor their space, choosing from private, fully furnished offices accommodating one person or an entire company. Customization options range from serviced to custom-built offices, including disaster recovery spaces and day offices. A comprehensive benefits program, including exclusive discounts and procurement support, is also available for office space tenants. Beyond private offices, the property offers coworking spaces, providing a collaborative environment with options for daily or hot desk reservations. Meeting rooms are also available, catering to various needs from informal chats to formal presentations and conferences. For businesses seeking a professional image without a full-time office commitment, virtual office options are provided, including mail handling and virtual assistant services, along with access to office space for a limited number of days per month. Flexible working plans are also available, granting access to a global network of workspaces. The property's offerings cater to a wide spectrum of business sizes and operational styles, providing adaptable and scalable solutions. Inquire today to explore the possibilities.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2004
Construction STEEL FRAME
Total area 22,776 SF
Lot 1.78 ac (77,537 SF)
Zoning code OFP
APN CNCD M:481Z B:31
UPID US58-0238388
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
  • Sanborn, Head & Associates, Inc. Engineering Consultant Environmental Consultant
  • Sanborn Head & Associates: Steinhauser Eric PE Engineer
  • Wood Duncan PE Engineer
  • Regus Real Estate Agency
  • Eastern Light Psychiatry Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.38M
Blend (final) Blend
$2.89M
Owner & transaction history
Altra Holdings LLC · 10 yrs held
Altra Holdings LLC
since 2015
2 recorded transactions
2015
$3.3M
2004
$3.2M
Zoning & alternative use
OFP · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The Office Park Performance (OFP) District is established to provide for the large scale, integrated development of professional offices, and research and development facilities. The design standards should provide for a unified plan of development as an office park or campus-style setting. There should be an emphasis on the quality of architectural design o…

Zone name Office Park Performance District
General category OPEN_SPACE
Zone area 500.16 ac
Source Realmo
Top alternative use upside
Auto repair, garage $4.7M +53.5%
Commercial (general) $3.5M +13.8%
Retail stores $3.4M +12.1%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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