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148 Loudon Rd
Concord, NH 03301
Pizza Hut | 5Yr Abs NNN w/ Increases · Retail Property For Sale

INVESTMENT HIGHLIGHTS

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

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
2,461 SF
Building Class
C
Year Built
1973
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.63 AC
Zoning
CG
Parking
46 Spaces (10 Spaces per 1,000 SF Leased)

AMENITIES

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

ABOUT 148 LOUDON RD , CONCORD, NH 03301

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.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
CNCD-000117A-000002-000015
Land Assessment
$410,000
Improvements Assessment
$379,100
Total Assessment
$789,100
  • Listing ID: 17101975

  • Date on Market: 9/4/2019

  • Last Updated:

  • Address: 148 Loudon Rd, Concord, NH 03301

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