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Off Market
1/7

148 Loudon Rd
Concord, NH 03301


HIGHLIGHTS

  • New 5-Year Lease Extension | Strong Franchisee Guaranteed | Options to Extend | Annual 1% Increases
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Located at Signalized Hard Corner | Interstate 93 & 393 | Large Pylon Sign | Excellent Access & Visibility
  • Part of Main Retail Corridor | Nearby Major National/Credit Tenants | Steeplgate Mall (450K SF of Retail)

OVERVIEW

The Pizza Hut is located at the signalized, hard corner intersection of Loudon Road/State Highway 9 and Canterbury Road with a combined 26,600 vehicles passing by daily. The asset is also just 1.5 miles from Interstate 93 (61,000 VPD) and Interstate 393 (33,000 VPD) with direct on/off ramp access, increasing market reach and accessibility for the store. The property features easy access on both adjacent streets and excellent visibility from a street pylon sign making it clearly identifiable for passing cars. Pizza Hut is strategically positioned 1-mile west of Steeplegate Mall (480,000 SF of retail), an enclosed mall anchored by JCPenney, The Bon-Ton, and Sears. The 3-mile trade area boasts other national/credit tenants such as Walmart Supercenter, Sam’s Club, Dick’s Sporting Goods, Lowe’s Home Improvement, The Home Depot, Target, Michaels,Goodwill, Best Buy, Shaw’s grocery, and more, increasing consumer traffic and promoting crossover shopping within the trade area. The 5-mile trade area is supported by a population of over 43,000 with an average household income of $86,400.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY NAME

Pizza Hut | 5Yr Abs NNN w/ Increases

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

2461

STORIES

1

YEAR BUILT

1973

SPRINKLERS

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PARKING SPACES

46

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

CNCD-000117A-000002-000015