363 Pickering Rd Rochester, NH 03867-4631
This exceptional 18,888 square foot office and flex-industrial building is situated on a 4.58-acre lot in Rochester, New Hampshire, offering a rare opportunity on the Seacoast. The property boasts a versatile layout, ideal for a variety of businesses. The upper level comprises approximately 13,000 square feet of modern office space, featuring a welcoming lobby, reception area, a dedicated conference room, a convenient break room and kitchen, and dual restrooms for employee and visitor convenience. A separate data center room and ample open office space are also included, readily adaptable to cubicles or open-plan configurations. The lower level provides 5,500 square feet of industrial shop space, featuring 988 square feet of two-story clear height, perfect for storage or light manufacturing. Access is provided by one 14-foot and one 10-foot overhead drive-in door. Additional amenities on the lower level include separate restrooms and a well-equipped locker room complete with a fitness area and a racketball court. The current tenant is currently negotiating a new lease, and the net operating income (NOI) is pro forma. This property presents a unique blend of office and industrial space, making it an attractive investment opportunity in a desirable Seacoast location. The expansive lot size offers ample room for expansion or future development. The property's versatile design and prime location make it an excellent choice for a variety of businesses seeking a functional and well-appointed space.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
IND · Rochester, NHCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.