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53 W Main St 3,639 SF 100% Leased Retail Building Hillsborough, NH 03244 $1,210,000 ($332.51/SF) 6.49% Cap Rate
Investment Highlights
- Diversified income from na onally branded restaurant tenant and an apartment tenant
- Ample & convenient parking on-site and in adjacent lot
- Prominent signage on West Main Street
- The loca on features a pickup window for carryout customers who want a quick grab and-go op on
Executive Summary
Opportunity to purchase this two tenant Domino’s leased investment property located at 53 West Main Street in Hillsborough, NH. The property features a 2nd floor apartment which is currently rented to a residential tenant. A multi-unit franchisee operates this Domino’s which opened for business in 2024 a substantial interior & exterior building renovations to this former bank. This new Domino’s features the pizza theater store design which is an open concept that allows customers to watch their pizza being made. The location offers carryout, delivery and features a pickup window for carryout customers who want a quick grab and-go op on a er placing their order online or over the phone. The Domino's lease currently has 7 +/- years remaining with an expiration date of October 12, 2033. The tenant, Hillsborough Pizza Company Inc. assumed this lease in May 2025 and is a multi-unit operator of Domino’s. The 2nd floor apartment lease started November 9, 2024 and the current expiration on date is November 9, 2026.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,639 SF
Year Built
1970
Price
$1,210,000
Price Per SF
$332.51
Cap Rate
6.49%
NOI
$78,540
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.12
Lot Size
0.70 AC
Zoning
COMM-WS
Frontage
138’ on West Main Street
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Drive Thru
- Air Conditioning
- Smoke Detector
Somewhat walkable
30/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | HLBO-000023-000138 | Improvements Assessment | $515,700 |
| Land Assessment | $130,600 | Total Assessment | $646,300 |
Property Taxes
Parcel Number
HLBO-000023-000138
Land Assessment
$130,600
Improvements Assessment
$515,700
Total Assessment
$646,300
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