The Mall at Fisherville - Retail Center for Sale on RTE 3 in Concord

Shopping Center for Sale
Catylist Listing ID: 30716332
Property Subtypes: Community Center
Building Size (RSF): 25,665 SF
Gross Building Area: See Agent
Gross Land Area: 5.24 Acres
Sale Price: $3,200,000
Unit Price: $124.68 PSF
Property Use Type: Net Leased Investment (NNN)
Building Name: The Mall at Fisherville
Usable Size (USF): 25,240 SF
Sale Terms: Cash to Seller
Cap Rate: 8.0%
Average Occupancy Rate: 88
Last Updated: 3/17/2021

Overview / Comments

The Mall at Fisherville offers an exceptional retail investment opportunity on North Concord's Route 3 retail corridor. This attractive center provides a stable rent roll with $241,332 NOI at an 8% cap rate and 88% occupancy. Long term tenant mix includes Family Dollar, Fisherville Animal Hospital, Szechuan Garden, and other retail tenants. The tenants enjoy commanding visibility, full access, and abundant parking.

Current Tenants

Tenant Business Name Szechuan Garden
Tenant Business Name Family Dollar
Tenant Business Name H&R Block
Tenant Business Name Constantly Pizza
Tenant Business Name Nail Salon
Tenant Business Name Fisherville Animal Hospital

Additional Details

Nearest MSA: Concord
County: Merrimack
Tax ID/APN: 2326
Zoning: CG
Property Visibility: Excellent
Largest Nearby Street: State Route 3 - Fisherville Rd
Feet of Frontage: 181
Traffic/Vehicle Count: 11,600
Highway Access: Full access onto State Route 3 - Fisherville Road
Site Description: Excellent visibility, parking, and access on North Concord's retail corridor.
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1989
Parking Type: Surface
Parking Description: Abundant parking at 5.3/1,000sf
Total Parking Spaces: 136
Heat Type: Electricity, Natural Gas
Heat Source: Central
Lot Frontage: 181
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,965 18,536 41,926
Median Age: 35.44 38.59 39.11
Households: 1,163 6,962 17,090

Contact

Photograph of Listing Agent

Jesse Hepler

SVN The Masiello Group
NECPE Member
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