926-950 S Willow St - Freestanding FOR SALE


Manchester, NH 03103
$5,231,427 USD
781-776-4003
926-950 S Willow St, Manchester, NH for Sale
$5,231,427 USD
Freestanding - FOR SALE
1/8
null | 7% Cap Rate

926-950 S Willow St
Manchester, NH 03103


HIGHLIGHTS

  • Long Term Leases
  • Minimal Landlord Responsibilites
  • Scheduled Rent Increases
  • Strategic Retail Location
  • Visibility & Signage
  • High Strong Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase South Willow Shops, a well-maintained retail plaza located at 926-950 S Willow Street in Manchester, New Hampshire (the “Property”). South Willow Shops is a 9,869 square foot retail plaza on a 0.95-acre parcel that is 100% leased to a complimentary mix of four nationally or regionally recognized tenants. The center is leased to Chipotle, Mattress Firm, Hannoush Jewelers, and The Great Greek Mediterranean Grill. Each of the tenants have net leases making it an attractive investment for the passive investor and protecting the in-place cash flow against rising costs of service and labor. The South Willow Shops are well located along S Willow Street (NH Route 28), the area’s primary commercial and commuter corridor in the South End of Manchester. Positioned at a traffic light, the South Willow Shops enjoy outstanding frontage, visibility, signage and access and are 0.6-miles from Interstate 293 and 1.6-miles from Interstate 93. The Property is surrounded by large shopping centers and national retailers and restaurants that drive traffic to the area and is 0.5-miles from Manchester Memorial High School, 1-mile from the Mall of New Hampshire, and is 2-miles from Downtown Manchester, Southern New Hampshire University, and the Manchester-Boston Regional Airport.

FOR SALE DETAILS

PRICE

$5,231,427 USD

PRICE/SF

$627 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

South Willow Shops

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C

APN/PARCEL ID

MNCH-000925-000000-000085

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.