Food Service Space in Porthsmouth, NH

Retail-Commercial for Lease
Catylist Listing ID: 30862627
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Street Retail
Contiguous Space: 600 SF
Gross Building Area: See Agent
Lease Rate: $2,500 (Monthly)
$50 PSF (Annual)
Lease Types: Net Lease
Last Updated: 4/8/2024

Overview / Comments

Base plus percentage lease: Foodservice concession in a bustling high-traffic truck stop location. 600 sq ft space with a full complement of food service appliances and fixtures. Extremely busy location with 9,000+ vehicles per day a tenth of a mile from the Interstate 95 Portsmouth traffic circle, one of the primary routes to the four season ME & NH vacation, beach, and entertainment region. Superb demographics and traffic. Prospective tenants are encouraged to perform due diligence in all aspects of their contemplated tenancy. The business is prohibited from competing with other businesses within the building.

The lease is a percentage lease to be negotiated with a $2500/ month NNN base. Established National or Regional Tenants preferred.

Expand All Available Space

Suite: 1 600 SF $2,500 (Monthly) Net Lease
Level/Floor: 1
Space Available: 600 SF
Lease Rate: $2,500 (Monthly)
$50 PSF (Annual)
Lease Type: Net Lease
Space Description: Base plus percentage lease: Foodservice concession in a bustling high-traffic truck stop location. 600 sq ft space with a full complement of food service appliances and fixtures. Extremely busy location with 9,000+ vehicles per day a tenth of a mile from the Interstate 95 Portsmouth traffic circle, one of the primary routes to the four season ME & NH vacation, beach, and entertainment region. Superb demographics and traffic. Prospective tenants are encouraged to perform due diligence in all aspects of their contemplated tenancy. The business is prohibited from competing with other businesses within the building.

The lease is a percentage lease to be negotiated with a $2500/ month NNN base. Established National or Regional Tenants preferred.
Space Subcategory: Free-Standing Store
Date Available: 12/6/2023
Lease Term: 36 Months
Space Type: New
Tax Expenses $2,023 PSF (Annual)
Rent Escalators Step-Up Lease

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 08178-0141-0019-0000
Zoning: C
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Visibility: Excellent
Highway Access: Interstate 95 Portsmouth
Site Description: Extremely busy location with 9,000+ vehicles per day a tenth of a mile from the Interstate 95 Portsmouth traffic circle, one of the primary routes to the four season ME & NH vacation, beach and entertainment region.
Area Description: Extremely busy location with 9,000+ vehicles per day a tenth of a mile from the Interstate 95 Portsmouth traffic circle, one of the primary routes to the four season ME & NH vacation, beach and entertainment region.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Average
Year Built: 1947
Total Parking Spaces: 24
Parking Type: Surface
Heat Type: Natural Gas
Lot Frontage: 60
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,414 26,871 44,210
Median Age: 39.01 42.32 42.66
Households: 4,997 12,675 20,062
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