Restaurant Space For Lease on Route 1

Retail-Commercial for Lease
Catylist Listing ID: 30430577
Property Subtypes: Restaurant, Street Retail, Other
Contiguous Space: 1,500 - 3,000 SF
Building Size (RSF): 1,500 SF
Gross Building Area: 4,896 SF
Gross Land Area: 0.84 SF
Lease Rate: $28 PSF (Annual)
Base Monthly Rent: $7,000
Lease Types: NNN
Usable Size (USF): 1,500 SF
Last Updated: 3/23/2020

Overview / Comments

This Property consists of 1,500 square feet of retail space for lease located in a 3 unit Retail Strip Center, with Title Cash Company. This endcap space was formerly Hap's Famous Roast Beef Restaurant, and all of the FF&E is available. Great Signage and Visibility with over 20,000 VPD. Property is located just north of Water Country and one-half mile north of Portsmouth Green, home to a new 94 unit apartment complex, a 10 screen Cinema Complex and McKinnons Grocery Store
Unit can be combined with adjacent unit for a total of 3,000 SF.

Attachments & Media

Expand All Available Space

Suite: 1 3,000 SF $28 PSF (Annual) NNN
Level/Floor: 1
Space Available: 3,000 SF
Minimum Divisible: 1,500 SF
Lease Rate: $28 PSF (Annual)
$7,000 (Monthly)
Lease Type: NNN
Date Available: 5/20/2019
Space Type: Relet
Tax Expenses $2.78 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 0267-0002-0000
Retail Clientele: General, Family, Traveler
Property Visibility: Excellent
Largest Nearby Street: US Route 1
Traffic/Vehicle Count: 20,000
Highway Access: Convenient to I 95, Rt 33 and Rt 16
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Typical SF / Floor: 4,896 SF
Property Condition: Good
Year Built: 2004
Roof Type: Flat
Construction/Siding: Wood Frame
Exterior Description: vinyl siding, stucco on wood
Total Parking Spaces: 31
Parking Ratio: 6 (per 1000 SF)
Parking Type: Surface
Parking Description: Ample onsite paved parking
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Engineered System
Lot Frontage: 352.72
Lot Depth: 121
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,432 23,186 41,683
Median Age: 40.23 42.44 43.31
Households: 2,461 10,761 18,973


Photograph of Listing Agent

Andy Fleisher, CCIM

NAI Norwood Group NECPE Member
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