181 Silver St - Freestanding FOR SALE


Dover, NH 03820
$1,273,684 USD
781-776-4003
181 Silver St, Dover, NH for Sale
$1,273,684 USD
Freestanding - FOR SALE
1/5
null | 4.75% Cap Rate

181 Silver St
Dover, NH 03820


HIGHLIGHTS

  • Attractive Rent Increases
  • Zero Landlord Responsibilities
  • Strategic Retail Location
  • High Traffic Counts
  • Strong Demographics

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple condominium interest in a single-tenant Dunkin’ located at 181 Silver Street in Dover, New Hampshire (the “Property”). Dunkin’ has 7+ years remaining on their Absolute NNN Ground Lease with a five (5), 5-year renewal options. The Dunkin’ lease calls for attractive 10% rent increases throughout the primary lease term and at the start of each renewal option. The Property is situated within Silver Square, a five-unit mixed-use condominium development positioned at the intersection (rotary) of Silver Street (NH Route 9), Knox Marsh Road and the Spaulding Turnpike on ramp. The Property is adjacent to the Spaulding Turnpike, the area’s primary commuter highway, and enjoys excellent signage and visibility along the heavily traveled roadway. Dunkin’ is 1-mile from Downtown Dover, with convenient access to residential communities, area schools, municipal offices, the area’s light industrial parks and the Wentworth-Douglass Hospital.

FOR SALE DETAILS

PRICE

$1,273,684 USD

PRICE/SF

$554 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dunkin'

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.68 AC

LAND SF

29,621 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Robert HorvathHorvath & TremblayMore Info
781-776-4003

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.