NNN Investment
Retail-Commercial
for Sale
| Catylist Listing ID: |
30876483 |
| Property Subtypes: |
Free-Standing Building, Restaurant, Street Retail
|
| Building Size (RSF): |
1,886 SF
|
| Gross Land Area: |
0.76 Acres
|
| Sale Price: |
$575,000 |
| Unit Price: |
$304.88 PSF |
| Property Use Type: |
Net Leased Investment (NNN), Investment |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/15/2024 |
Overview / Comments
|
Low maintenance investment property in an incredible location. The current tenant has 6.5 years left on a 10 year lease that has a 16% rental rate increase at the end of 2025! Visibility near a prominent intersection. Surrounding retailers include Market Basket, NH Liquor and Wine Outlet and Dunks. Large pylon sign, ample parking and a median free road that sees 22,000 VPD. Recent upgrades include new plumbing, electrical, roof, and HVAC. Tenant responsible for all expenses including but not limited to utilities, taxes, insurance, plowing, landscaping, etc.
|
Additional Details
| Nearest MSA: |
Manchester-Nashua |
| County: |
Hillsborough |
| Tax ID/APN: |
013-002-000-000 |
| Zoning: |
ICI |
| Property Visibility: |
Excellent |
| Feet of Frontage: |
200 |
| Traffic/Vehicle Count: |
22,000 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Year Built: |
1950 |
| Roof Type: |
Gable |
| Total Parking Spaces: |
18 |
| Parking Description: |
18 plus parking spaces |
| Lot Frontage: |
200 |
Demographic Statistics
| Proximity: |
3 miles |
5 miles |
| Total Population: |
9,750 |
26,802 |
| Median Age: |
38.38 |
40.95 |
| Households: |
3,545 |
10,266 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither New England Commercial Property Exchange nor
Moody's assume any liability for errors or omissions.
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