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Investment Highlights

  • National Tenants
  • Strong Income & Upside Potential
  • Economic Drivers
  • Diverse, E-Commerce Resistant Investment
  • Strategic Location

Executive Summary

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Franklin Shopping Center located at 880 Central Street in Franklin, New Hampshire (the “Property”). The retail center contains 43,200 square feet of gross leasable area on 5.22 acres of land. The Property is comprised of twelve (12) units and is 96.28% occupied by several e-commerce resistant tenants with a complimentary mix of national retailers and local businesses offering products and services for the surrounding community. The center offers strong in-place income with additional upside through lease up of the 1,940 square-foot vacant unit. The Property is positioned along Central Street (US Route 3), one of the primary commercial corridors serving Franklin and the surrounding Lakes Region. The site offers strong visibility and convenient access along this well-traveled route, which provides direct connectivity south toward Concord and north to Tilton and Laconia. The Property benefits from its proximity to the Tilton retail hub, including Tanger Outlets Tilton and national anchors such as Walmart Supercenter and BJ's Wholesale Club, collectively driving significant regional consumer traffic. In addition, the location offers convenient access to Franklin’s downtown district and nearby residential neighborhoods, supporting consistent local and commuter-based demand.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
43,200 SF
Building Class
B
Year Built
1965
Price
$3,654,523
Price Per SF
$84.60
Cap Rate
7.80%
NOI
$284,891
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.19
Lot Size
5.20 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
415’ on Central St

Amenities

  • 24 Hour Access
  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
  • Air Conditioning

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

AutoZone is the nation's leading retailer and a leading distributor of automotive replacement parts and accessories with stores in the US, Mexico, Brazil and Puerto Rico. Each store carries an extensive line for cars, sport utility vehicles, vans and light trucks, including new and remanufactured hard parts, maintenance items and accessories. AutoZone, headquartered in Memphis, TN, is a growing Fortune 300 company with a deep commitment to serving their customers, communities and fellow AutoZoners. They have vast opportunities in their stores, distribution centers, field offices, specialty business units and Store Support Center and embrace diverse experiences, backgrounds, knowledge and ideas to strengthen their teams and business. Their team is connected by a deep commitment to their Pledge and Values, principles established more than thirty years ago that reinforce their priorities and team culture.

  • Rental and Leasing Services
  • -
  • -
  • -

Rent-A-Center is a national rent-to-own retail chain offering furniture, home appliances, consumer electronics, and computers through flexible rental-purchase agreements. Founded in 1973 and incorporated in 1986, the company operates thousands of locations across the United States, Puerto Rico, and Mexico. Rent-A-Center serves consumers seeking access to durable household goods without traditional credit requirements, offering short-term rental flexibility with ownership options. Stores are typically located in neighborhood retail centers and along major arterial corridors, serving value-oriented and workforce-housing markets. The company is a subsidiary of Upbound Group, Inc., a publicly traded organization listed on NASDAQ. Rent-A-Center’s operating model combines in-store retail sales, logistics and delivery operations, and local service teams. In metropolitan areas such as Atlanta, the brand maintains numerous store locations to support dense, neighborhood-based customer demand.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Snap Fitness is a worldwide 24/7 gym leader. With years in the industry, they provide their gym franchise owners with a strong support network that comes with a wealth of experience and in-market knowledge. Since their launch in 2003, Snap Fitness has grown worldwide. As a global brand committed to being the best fitness franchise, they've continued to set new benchmarks for innovation in the fitness and franchising markets. With the fitness market poised for continued growth, they're on a mission to reframe the notion of working out by offering the most inclusive fitness experience. Club owners may offer additional amenities, such as an infrared spa or body composition analysis a la carte or as part of a premium membership package.

  • Information
  • -
  • -
  • -

UScellular, legally known as United States Cellular Corporation, is a publicly traded wireless telecommunications provider headquartered in Chicago, Illinois. Founded in 1983, the company offers mobile voice, messaging, data services, and an expanding suite of Internet of Things (IoT) and business connectivity solutions. UScellular operates retail stores, online sales platforms, and business-to-business channels and serves consumers, government agencies, and commercial clients. The company maintains millions of wireless connections across portions of roughly 20 states. Its product portfolio includes smartphones, tablets, mobile hotspots, wearables, routers, and enterprise IoT devices. UScellular continues to invest in network modernization, including 5G deployment and business automation solutions. With more than a thousand employees, the company remains one of the major regional wireless carriers operating in the United States.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Rental and Leasing Services - - -
Arts, Entertainment, and Recreation - - -
Information - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Nearby Major Retailers

Hannaford
Service Credit Union
Aroma Joe's

Property Taxes

Property Taxes

Parcel Number
FRKN-000147-000005
Land Assessment
$116,000
Improvements Assessment
$169,100
Total Assessment
$285,100
  • Listing ID: 39854159

  • Date on Market: 3/20/2026

  • Last Updated:

  • Address: 880 Central St, Franklin, NH 03235

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