Office

Professional Office Space

848 Elm St, Manchester, NH 03104, USA, Manchester, NH 03104

Price

Price on request

Description

Office | For Lease: 2,000 - 7,198 SF 2,000± to 7,198± SF of 2ndfloor office space available for lease in a well-maintained and professionally managed building situated in the heart of vibrant downtown Manchester. Flexible f Key Facts Total Building SF: 23,976± Available SF: 2,000± to 7,198± Elevator: Yes Utilities: Municipal water & sewer Natural gas Zoning: Central Business District Lease Rate: $15.00 to $16.95 modified gross

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

848 Elm St, Manchester, NH 03104, USA, Manchester, NH 03104

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the New Hampshire office market showed a 8.8% vacancy rate, and average asking rents near $16.00/SF/yr. Source: boulos com Q1 2026 market report.

Projected current pricing

indicative confidence

Projected asking rent

$16.00/SF/yr

Estimated sale value

$85–$144/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for New Hampshire office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent held flat).

View the full New Hampshire Office market report →

Compare it against other office listings for lease in Manchester, NH to benchmark pricing and space — view the full market.

Office market FAQ

Is the New Hampshire office market tightening or softening?: Vacancy is around 8.8% (Q1 2026).

Unified Estimate

Medium Confidence

$1.13/SF/mo-$1.53/SF/mo

Mid: $1.33/SF/mo

Rate estimator only; cost-of-business estimate unavailable.

Lease Rate & Market Trend

Market report quarterly trend fallbackFIPS 33011

Low Confidence

Avg Rent ($/SF/mo) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.

Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.