682 John Stark Hwy - Specialty FOR SALE


Newport, NH 03773
$5,695,000 USD
603-637-2008
682 John Stark Hwy, Newport, NH for Sale
$5,695,000 USD
Specialty - FOR SALE
1/4
null | Request Cap Rate

682 John Stark Hwy
Newport, NH 03773


HIGHLIGHTS

  • 51,000 RSF | 347 newly-constructed, non climate-controlled units
  • Prominent Route 11 signage with strong drive-by traffic and easy access
  • Fenced and gated property with 24/7 security cameras and keypad access
  • Population in 5-mile radius = 8,078 +/-
  • Remotely managed with minimal staffing overhead
  • 14,700+ SF warehouse and ~5,400+ SF office building leased to long-term tenant providing diversified income stream

OVERVIEW

Newport Self Storage is a newly constructed (2025) 51,000 SF self-storage facility offering 347 non-climate-controlled units along the Route 11 corridor in Newport, New Hampshire. The property serves a broad trade area encompassing Newport, Claremont, Sunapee, and the greater Lake Sunapee region, benefiting from prominent Route 11 signage that drives consistent traffic despite a set-back position. Purpose-built for operational efficiency, the property features a fully fenced and gated perimeter, keypad-controlled access, and wide drive aisles accommodating large moving vehicles. As a newly delivered asset, the facility requires minimal capital investment and is well-suited for remote management and automated operations. With in-place rents currently below market, the asset offers a clear and measurable value-add opportunity through lease-up and rate opti¬mization. The surrounding market is supported by a diverse economic base, ongoing residential development, and strong seasonal demand from the Lake Sunapee second-home owners and recreational traffic providing a consistent and growing pipeline of storage demand. Further enhancing the investment’s overall strength, a 14,700 SF warehouse and ~5,400 SF office building is leased to a long-term tenant, providing immediate, stable cash flow and meaningful income diversification, thereby reducing overall risk from day one.

FOR SALE DETAILS

PRICE

$5,695,000 USD

PRICE/SF

$112 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Newport Self Storage

PROPERTY TYPE

Specialty

ADD'L SUBTYPES

Self Storage

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

19.27 AC

LAND SF

839,401 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Jessie GiltonNAI Norwood GroupMore Info
603-637-2008

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Jessie GiltonNAI Norwood GroupMore Info
603-637-2008

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.