10,996 square foot Rite Aid built in 2001 with a drive-through

Retail-Commercial for Sale
Catylist Listing ID: 30499313
Property Subtypes: Free-Standing Building, Retail-Pad
Building Size (RSF): 10,996 SF
Gross Building Area: See Agent
Gross Land Area: 1.39 Acres
Sale Price: $1,950,000
Unit Price: $177.34 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Usable Size (USF): 10,996 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/21/2019

Overview / Comments

10,996 square foot Rite Aid built in 2001 with a drive-through. Ample paved parking, well maintained with excellent visibility.
NN leased Rite Aid property with a new 5-year renewal starting 01.01.2020. Only owner responsibility limited to the structure and roof.
Great commercial location in a 4-season resort area. Very limited competition with a strong year round customer base made up of both year round residents and a strong tourism base. Located just off I-93, in close proximity to Dunkins, McDonald's, banks, and shopping mall.

Additional Details

Nearest MSA: Lebanon
County: Grafton
Tax ID/APN: 112-004000-00-00000
Zoning: VC
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Other
Property Located Between: Dunkin' and Bank of New Hampshire
Property Visibility: Excellent
Largest Nearby Street: Route 112 (Main Street)
Feet of Frontage: 200
Area Description: Lincoln NH is a year round vacation and resort destination for the greater Boston MSA. Home to Loon Mountain, one of the largest ski areas in the state, surrounded by the White Mountain National Forest, Lincoln serves as the shopping center for the western White Mountains. The building fronts on US Rt-112, a highly traveled east-west route.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 10,996 SF
Property Condition: Good
Year Built: 2001
Roof Type: Flat
Construction/Siding: Brick/Aluminum Siding, Metal Siding
Total Parking Spaces: 50
Parking Type: Surface
Heat Type: Other
Heat Source: Other
Air Conditioning: Engineered System
Zoning Description: VC
Lot Frontage: 200
Lot Depth: 299
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 655 1,432 1,432
Median Age: 47.03 45.58 45.58
Households: 339 683 683
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