200 Pleasant St
Berlin, NH 03570
Walgreens/Rite Aid · Retail Property For Sale

Former Rite Aid now Walgreens!! The subject property is comprised of two parcels in Berlin NH. One parcel is a corner lot located at the corner of Mason Street and Pleasant St with an address of 200 Pleasant Street in Berlin, NH. the second parcel is a parking lot used for additional parking. 7,520 +/- SF building and sits on .38 Acres of land. Approximately 18+/- parking spots. Walgreens recently renewed the lease for an additional 5 years, showing their commitment to this site extending the lease until 1/31/2024. Walgreens has (1) additional 5-year option period remaining. Rite Aid Rent Schedule: Current- - 2/1/2019-1/31/2024 $96,600/Annually 4th Option- 2/1/2024-1/31/2029 $111,090/Annually The second lot is located next to the Walgreens parcel on Pleasant St. It is a vacant lot used for additional parking. This is a 0.13 AC lot which has been extended to 1/31/2024. There are 2 remaining options to extended this lease agreement for 5 year periods pushing this lease out until 2034. Parking Lot Rent Schedule: Current 2/1/2019- 1/31/2024. 10,200/Annually 4th Option- 2/1/2024-1/31/2029. 11,300/Annually 5th Option- 2/1/2029- 1/31/2034. 12,400/Annually Total Lot Size between two parcel: 0.51 AC 218 FT of Frontage on Pleasant Street 130 FT of Frontage on Mason Street Book/Page: 661/212 Approximately 5,800 +/- cars a day!