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Tractor Supply-Anchored Retail Center
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1533 Greenland Road, Greenland, NH 03840

Multi-tenant retail center on Greenland Road with net leases, fitness, medical office, and quick service restaurants.

Property SizeContact for details
Days on Market123

Property Features for 1533 Greenland Road

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 17,000 vehicles/day

Building Details

Tenancy Multi
Listing Agency: SRS Real Estate Partners New York
Listed By: Richard Dorfman · License #NY 10401279699
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 20 at 10:48PM

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 SRS Real Estate Partners New York

Investment Insights

Based on property information with market context.

March Farm Commons is a multi-tenant retail center offering a blend of fitness, medical office, and quick service restaurant space. Tenants operate under net leases reimbursing for real estate taxes, insurance, common area maintenance, and management fees, with near coterminous lease terms. The average term remaining is more than eight and a half years, and each tenant includes strong rent increases ranging from 10–12 percent every five years.

The center is located along Greenland Road, a major corridor with more than 17,000 vehicles per day (VPD). The property is situated in a Tractor Supply-anchored center, supporting additional traffic. Aroma Joe’s is performing well at this location and reported strong unit-level sales in 2017, triggering its percentage rent clause.

The tenant lineup and lease structure are designed around near-term alignment, with close-to-simultaneous expiration timing across tenants.

Key Highlights

  • March Farm Commons is a multi‑tenant retail center in Greenland, NH, five miles south of Portsmouth and the Maine border
  • Net lease structure: tenants reimburse real estate taxes, insurance, and common area maintenance plus management fees
  • Near coterminous tenant lease terms; average term remaining is more than 8.5 years

Property Analytics

Current Use

Aroma Joe's Cafe & Coffee Shop

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Auto Parts Store Garden Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

17,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

82
Businesses Nearby
Well-served
Demand for This Use

Demographics for 03840, NH

4,076
Population
1,686
Households
2.4
Avg Household Size
47
Median Age
53%
College-Educated
98%
High-School Grad
10.5 sq mi
ZIP Area
388
Density / Sq Mi
$147,132
Median Household Income
$69,375
Median Earnings
$1,890
Median Rent
$595,100
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Similar Off Market Nearby

  • Greenland Meadows greenland, nh 03840

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center on Greenland Road with net leases, fitness, medical office, and quick service restaurants.
Where is this shopping center located?
The property is located at 1533 Greenland Road Greenland, NH.
What are key features of this property?
This property features: March Farm Commons is a multi‑tenant retail center in Greenland, NH, five miles south of Portsmouth and the Maine border; Net lease structure: tenants reimburse real estate taxes, insurance, and common area maintenance plus management fees; Near coterminous tenant lease terms; average term remaining is more than 8.5 years
More about this property
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