Ground-Leased Retail
For Sale
Contact for pricing
Pending
788 S Willow St, Manchester, NH 03103
Corner land site on a signalized intersection is under an absolute NNN ground lease with CVS through January 31, 2026.
Property SizeContact for details
Lot Size1.03 Acres
Days on Market132
Property Features for 788 S Willow St
General Information
Standard status
Pending
Lot size
1.03 Acres
Property subtype
Land
Occupancy
100%
Additional Details
Traffic Count
22,267 vehicles/day
Building Details
Year Built
2000
Tenancy
Single
Listing Agency:
Gendron Commercial
Listed By:
John Gendron · License #ME 104572
Source:
Crexi
Added: Apr 12
Changed: Aug 17
Last Checked: Aug 21 at 11:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Gendron Commercial
Investment Insights
Based on property information with market context.
Exclusive sale offering for land located at 788 S. Willow St in Manchester, NH. The property is improved with a ground lease currently occupied by CVS, with the lease in place for 20+ years since the building was constructed in 2000. CVS has exercised its first five-year renewal option, extending the lease term until January 31, 2026, with three additional five-year renewal options remaining. Each renewal option provides for a 4% rental increase. The ground lease is described as an absolute NNN lease with no landlord responsibilities.
The site is positioned as a corner lot at a signalized intersection, providing visibility and accessibility. Traffic is reported at 22,267 cars per day on S. Willow Street and 2,600 on Jobin Dr. The area is described as a major retail corridor, with a population of 15,291 within 1 mile, 90,278 within 3 miles, and 140,225 within 5 miles. Surrounding tenants listed in the remarks include national and regional retailers such as The Home Depot, Wendy’s, Panera Bread, Petco, Mattress Firm, Sullivan Tire, Starbucks, TD Bank, Michael’s, Dunkin Donuts, Taco Bell, Bank of America, Burger King, Citizen’s Bank, and more.
The land totals 1.034 +/- acres.
The site is positioned as a corner lot at a signalized intersection, providing visibility and accessibility. Traffic is reported at 22,267 cars per day on S. Willow Street and 2,600 on Jobin Dr. The area is described as a major retail corridor, with a population of 15,291 within 1 mile, 90,278 within 3 miles, and 140,225 within 5 miles. Surrounding tenants listed in the remarks include national and regional retailers such as The Home Depot, Wendy’s, Panera Bread, Petco, Mattress Firm, Sullivan Tire, Starbucks, TD Bank, Michael’s, Dunkin Donuts, Taco Bell, Bank of America, Burger King, Citizen’s Bank, and more.
The land totals 1.034 +/- acres.
Key Highlights
- 1.034 +/- acre corner land site on a signalized intersection at 788 S. Willow St, Manchester, NH.
- CVS is the current tenant under an absolute NNN ground lease with no landlord responsibilities.
- Lease runs through January 31, 2026 after CVS exercised a 5‑year renewal option (started when building was built in 2000).
Property Analytics
Property Profile
Current Use
Lease Details
22,267 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
778
Businesses Nearby
Explore this area
Business Placement
Demographics for 03103, NH
38,039
Population
16,166
Households
2.4
Avg Household Size
36
Median Age
24%
College-Educated
82%
High-School Grad
9.2 sq mi
ZIP Area
4,135
Density / Sq Mi
$70,049
Median Household Income
$41,243
Median Earnings
$1,322
Median Rent
$313,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Commercial land - Corner land site on a signalized intersection is under an absolute NNN ground lease with CVS through January 31, 2026.
Where is this commercial land located?
The property is located at 788 S Willow St Manchester, NH.
What are key features of this property?
This property features: 1.034 +/- acre corner land site on a signalized intersection at 788 S. Willow St, Manchester, NH.; CVS is the current tenant under an absolute NNN ground lease with no landlord responsibilities.; Lease runs through January 31, 2026 after CVS exercised a 5‑year renewal option (started when building was built in 2000).
