5 Commerce ParkBedford, NH 03110

Property Details for 5 Commerce Park

Year built

1986

Construction

STEEL FRAME

Lot size

7.48 AC

Property size (Sq ft)

41,424 SF

Zone code

PZ

Property type

Office properties

Property subtype

Office buildings

APN

BEDD M:24 B:18 L:

APU

BEDDM24B18L

Description

This exceptional Class A office building, constructed in 1986, offers 20,686 square feet of immediately available space for lease. Located in Hillsborough County's Commerce Park North, this single-tenant, two-story building boasts 41,710 total square feet and features a convenient elevator. The available space is situated on the second floor and comprises several private offices, a sizable open area ideal for cubicles, a large training room, and a fully equipped gym complete with locker rooms and showers. Recent renovations have updated the building's aesthetics, and the available space will reflect these modern finishes. The property's prime location in Bedford, NH, offers unparalleled convenience. Situated just off South River Road, it benefits from proximity to a wide array of retail establishments, restaurants, banks, and medical facilities. Commuters will appreciate the easy access to I-293 and the Everett Turnpike, as well as the Manchester-Boston Regional Airport, and a short 20-minute drive to the Massachusetts border. The building is zoned for performance, ensuring flexibility for various business types. This turnkey office space presents a unique opportunity for businesses seeking a modern, well-appointed, and conveniently located office environment. The space is highly adaptable and can accommodate a range of business needs, from small to large-scale operations. Flexible lease terms are available.

• CAP approach

  CAP return

  Valuation

  6%

  $6,848,624

  6.5%

  $6,321,808

  7%

  $5,870,250

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,412,460

  Geo Method

  $5,412,460

• Alternative Use

  Use

  Valuation

  Residential

  $7,839,041

  Hospitality

  $7,180,520

  Educational

  $5,974,108

  Medical

  $6,179,566

  Retail

  $9,293,057

Location Insight

City

Bedford

County

Hillsborough

State

New Hampshire

Latitude

42.9315

Longitude

-71.4607

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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