Highly Visible Redevelopment Site

Vacant Land for Lease
Catylist Listing ID: 30135404
Property Subtypes: Office, Retail, Retail-Pad
Gross Land Area: 1.23 Acres
Lease Rate: $90,000 (Annual)
$1.68 PSF (Annual)
Base Monthly Rent: $7,500
Lease Types: See Agent
Adjacent Parcels Available: Yes
Last Updated: 11/8/2019

Overview / Comments

FIRST TIME ON THE MARKET! A 1.23± acre site at the busy lighted intersection of South River Road/Route 3 and Colby Court is available for ground lease.

This redevelopment opportunity has conceptual plans that depict a 2,700± SF bank with a drive-thru and up to a 7,000± SF of medical/office building. The abutting parcel could be made available for a larger user.

Ideally situated in the flexible Performance Zone, which allows for a variety of commercial uses including, but not limited to, restaurant, bank, retail sale/service, daycare facility, church, educational institution, office, etc.

This site is located just minutes from Route 101/I-293 and just over the Manchester city line. Neighbors include Panera Bread, T-Bones, and many other successful restaurants, as well as Walmart, Service Credit Union, Bed Bath & Beyond, and Boston Interiors.

Attachments & Media

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 11/11
Zoning: PERFORMANCE ZONE
Property Located Between: South River Road/Route 3 & Colby Court
Property Visibility: Excellent
Largest Nearby Street: South River Road/Route 3
Feet of Frontage: 78
Traffic/Vehicle Count: 17,585
Highway Access: I-293/Route 101
Airports: Manchester-Boston Regional Airport
Site Description: Located just off South River Road with 2 buildings on-site
Lot Frontage: 78
Lot Depth: 500
Available Utilities: Gas
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,497 92,257 150,255
Median Age: 38.48 36.57 37.53
Households: 3,572 36,977 59,777
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