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Walgreens 142 Loudon Rd 11,280 SF Retail Building Concord, NH 03301 $6,000,000 ($531.91/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Net Lease | Zero Landlord Responsibilities
- RARE Walgreens Lease With 5% Increases Every 10 Years
- Hard Corner Signalized Intersection I High Volume Traffic Location | Combined Traffic Counts Boast 38,556 VPD+
- 8+ Years Remaining On The Original 25-Year Term
- Prototypical Free-Standing Walgreens with Drive-Thru
- Multiple Access Points I Accessible From Loudon Rd and Canterbury Rd | High Visibility Along Main Retail Corridor
EXECUTIVE SUMMARY
ABSOLUTE NET LEASE | RARE 5% INCREASES IN BASE TERM & OPTIONS
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,280 SF
Building Class
B
Year Built
2008
Price
$6,000,000
Price Per SF
$531.91
Cap Rate
8.50%
NOI
$510,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.41 AC
Zoning
CG
Parking
56 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | CNCD-000117-000002-000008 | Improvements Assessment | $1,515,700 |
| Land Assessment | $715,600 | Total Assessment | $2,231,300 |
PROPERTY TAXES
Parcel Number
CNCD-000117-000002-000008
Land Assessment
$715,600
Improvements Assessment
$1,515,700
Total Assessment
$2,231,300
CONTACTS
-
Deno Bistolarides -
Nick Yaldo -
Brent Hanna -
Encore Real Estate Investment Services
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Walgreens | 142 Loudon Rd
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