242 Beech St | Manchester, NH 03103
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- LoopNet Team
242 Beech St
Manchester, NH 03103
7-Eleven | Early Extension | 12-Yrs, NNN · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN lease with Strong Rent Increases: the lease contains zero Landlord responsibilities and contains 10% rent increases every 5 years
- Accelerated Depreciation Eligibility: which is a significant cash flow advantage from a tax perspective.
- Income Tax-Free State: New Hampshire is an income tax-free state, providing an opportunity to increase a Buyer’s overall return.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
5,880 SF
Building Class
C
Year Built
2002
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
1.00 AC
Parking
15 Spaces (3.86 Spaces per 1,000 SF Leased)
Frontage
181’ on Beech St
PROPERTY TAXES
| Parcel Number | MNCH-000111-000000-000030 | Improvements Assessment | $558,500 |
| Land Assessment | $812,500 | Total Assessment | $1,371,000 |
PROPERTY TAXES
Parcel Number
MNCH-000111-000000-000030
Land Assessment
$812,500
Improvements Assessment
$558,500
Total Assessment
$1,371,000
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