This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

6 Buttrick Rd

24,984 SF 100% Leased Office Building Londonderry, NH 03053 $3,900,000 ($156/SF) 8.37% Cap Rate

Investment Highlights

  • Over 65,000 residents and 25,000 employees support the surrounding area, average household income of $117,528 within a 1-mile radius.
  • Proximity to local and national retailers such as Home Depot, Jersey Mike’s Subs, AMC Classic Londonderry 10, Benson Lumber & Hardware.
  • Directly off Nashua Road, less than 2 miles Southwest of Interstate 93, approximately one hour from Boston Logan International Airport.

Executive Summary

Office medical building in a prime location positioned off Nashua Road/State Route 102, a primary thoroughfare serving Southeast New Hampshire. The property is less than 2 miles Southwest of Interstate 93 (67,700 VPD), a dominant Interstate Highway serving New England and approximately one hour from Boston Logan International Airport and approximately 15 minutes from the Manchester-Boston Regional Airport. The surrounding area offers strong demographics in a 5-mile area, featuring over 65,000 residents and 25,000 employees. With an average household income of $117,528 within a 1-mile radius and proximity to local and national retailers such as Home Depot, Jersey Mike’s Subs, AMC Classic Londonderry 10, Benson Lumber & Hardware, and Kelsen Brewing Company.

Property Facts

Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
24,984 SF
Building Class
B
Year Built
1999
Price
$3,900,000
Price Per SF
$156
Cap Rate
8.37%
NOI
$326,430
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
8,328 SF
Building FAR
0.24
Lot Size
2.43 AC
Zoning
Commercial
Parking
78 Spaces (3.12 Spaces per 1,000 SF Leased)

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
3,518
29,594
63,568
2024 Population
3,541
29,923
64,290
Population Growth '20-'24
0.7%
1.1%
1.1%
2020 Households
1,473
11,393
24,151
2024 Households
1,470
11,445
24,274
Household Growth '20-'24
-0.2%
0.5%
0.5%
Average Age
44
41
41
Median Household Income
$98,010
$105,404
$110,887
Daytime Employees
4,580
13,564
26,766
Total Businesses
805
1,961
3,751
College Degree + Higher
41%
39%
40%

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
LOND-000007-000000-000037-000001
Land Assessment
$867,600
Improvements Assessment
$4,551,300
Total Assessment
$5,418,900
  • Listing ID: 29145644

  • Date on Market: 7/31/2023

  • Last Updated:

  • Address: 6 Buttrick Rd, Londonderry, NH 03053

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}