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Property profile & analytics
FOR LEASE
Industrial properties

300 Constitution Ave Portsmouth, NH 03801

62,322 SF 5.55 ac lot Built 2013
Entity Owned 7-yr Hold Free & Clear
Property ID
US58-0563536
Property summary
AI-generated overview

This exceptional Class A office space, totaling 11,412 square feet, is available for lease on the second floor of a modern, 2013-built building. Located within a vibrant industrial-zoned area, this suite offers a sophisticated and functional workspace ideal for a variety of businesses. Suite 200 boasts 3 conference rooms, 9 private offices, a well-equipped kitchen/break room, a dedicated IT room, and a spacious open-plan area perfect for collaborative work. The layout is highly adaptable and can be subdivided to meet specific tenant needs. High ceilings and abundant natural light create a bright and airy atmosphere, enhanced by the inclusion of modern designer furniture within the lease rate. Convenient elevator access is provided. The building itself comprises 62,322 square feet and houses a diverse range of established businesses, including X5 Home Loans, Global Laminates, TopMark Funding, Concord Electric, Asian Atlantic Industries, Hometown Oil, and NERACOOS. The initial lease rate is $12.00 NNN, applicable for the first year. This is a rare opportunity to secure premium office space in a thriving business community. The building consists of one structure.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 2013
Construction STEEL FRAME
Total area 62,322 SF
Lot 5.55 ac (241,758 SF)
Zoning code I
APN PRSM M:0274 B:0005 L:
UPID US58-0563536
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
  • Global Laminates Factory Production Facility
  • Ryan A Huskey | Fairway Independent Mortgage Corporation SVP Area Manager Loan Service Bank
  • Ginnie E McCauley | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
  • Nick Tolley | Fairway Independent Mortgage Corporation Loan Officer Loan Service Bank
  • Jeremy Allen Team at Fairway Independent Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.93M
Comparable Approach Comparable
$10.63M
Blend (final) Blend
$9.74M
Owner & transaction history
CONSTITUTION REALTY
CONSTITUTION REALTY
Zoning & alternative use
I · Portsmouth, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $13.5M +71.1%
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