Commercial Condo for Lease-Salem, NH

Retail-Commercial for Lease
Lease Pending
Catylist Listing ID: 30667103
Property Subtypes: Convenience Store, Day Care Facility, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Status: Pending
Contiguous Space: 5,108 SF
Building Size (RSF): 5,108 SF
Gross Building Area: 5,194 SF
Lease Rate: $9 PSF (Annual)
Base Monthly Rent: $3,831
Lease Types: NNN
Building Name: Breckenridge Mall
Usable Size (USF): 5,108 SF
Last Updated: 4/5/2021

Overview / Comments

On Rt 28, the property is located next door to the Colosseum Restaurant. It consists of two contiguous commercial condos, first floor corner units. The previous occupant was an electrical supply company. There is lots of open showroom and display space. This is a fabulous location for Retail, Restaurant, Medical or Office. It is available for lease at a rate of $9.00 psf nnn. The NNNs are $4.90 psf. The property is also being offered for sale at a price of $499,000.

Expand All Available Space

Suite: 101/102 5,108 SF $9 PSF (Annual) NNN
Level/Floor: 1
Status: Pending
Space Available: 5,108 SF
Lease Rate: $9 PSF (Annual)
$3,831 (Monthly)
Lease Type: NNN
Date Available: 12/1/2020
Space Type: Relet
Offices 1
Parking Spaces 150
Tax Expenses $1.82 PSF (Annual)
CAM Expenses $3.08 PSF (Annual)

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Rockingham
Tax ID/APN: 3245-3245
Zoning: CIB
Retail Clientele: General, Family, Business, Traveler
Property Located Between: The property is on the east side of Rt 28 north, 2 miles from Exit 2 I93.
Property Visibility: Excellent
Largest Nearby Street: Rt 28
Feet of Frontage: 400
Highway Access: Exit 2 off I 93, East to rt 28, north on Rt 28. Breckenridge Mall is 2 miles from I 93 on the right.
Airports: Manchester, Boston
Site Description: The site has parking along the frontage with the two story mall set back from N Broadway St. There is a large paved parking area dedicated to the occupants and customers of the commercial condominiums in the building.
Area Description: Busy commercial area with multiple commercial uses.
Tenancy: Single Tenant
Number of Stories: 1
Property Condition: Good
Year Built: 1987
Roof Type: Gable
Construction/Siding: Wood Frame
Exterior Description: The property is part of a condominium development consisting of one building with 2 stories. It has great visibility on N Broadway St and ample parking on site. The lot has been recently resurfaced and lined. The units feature lots of glass on the front of the property offering good space for restaurants and retailers among other uses.
Total Parking Spaces: 150
Parking Type: Surface
Parking Description: 150+ paved spaces. Lot has recently been resurfaced and lined.
Heat Type: Propane
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Cable, Other
Interior Description: The unit is mostly open space with one private office and 3 bathrooms.
Zoning Description: CIB allowed uses: Retail, Restaurant, Office, Child Care, Churches, Amusement, Healthcare, Fitness, Personal Services, Contractor Sales, Laundry
Part of Planned Development?: Yes
Lot Frontage: 400
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Bk 2703 Pg 2026; Bk 2749 Pg 2249

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,095 33,040 94,539
Median Age: 42.93 43.34 41.28
Households: 1,979 12,511 35,024


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