Shopping Center with Retail
For Sale
Contact for pricing
181-193B Wakefield Street, Rochester, NH 03867
Renovated building systems and refreshed exterior finishes complement a range of configurable retail spaces.
Property Size19,356 SF
Price / SF$0.00
Days on Market101
Property Features for 181-193B Wakefield Street
General Information
Standard status
Active
Size
19,356 SF
Property subtype
Commercial
Amenities
modern façade
upgraded building systems
signage opportunities on pylon sign and on the building
Building Details
Tenancy
Multi
Listing Agency:
Longview Commercial Real Estate
Listed By:
Andrew Paluch
(802) 772-5052
Source:
Longviewcre
Added: Jul 21
Changed: Oct 28
Last Checked: Oct 28 at 2:57PM
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 Longview Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Fisher Marketplace is a retail center at 181-193B Wakefield Street in Rochester, New Hampshire. The property has a modernized façade and upgraded building systems, with retail suites available from 1,250± SF to 4,200± SF. Signage options include the pylon sign and building signage, and on-site parking is available.
The center is next to the new Casino. Its range of suite sizes and signage placements provides flexibility for retailers seeking space along Wakefield Street.
The center is next to the new Casino. Its range of suite sizes and signage placements provides flexibility for retailers seeking space along Wakefield Street.
Key Highlights
- Retail suites range from 1,250± SF to 4,200± SF
- Updated façade and building systems
- Pylon and building signage opportunities
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$234,618
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,692,360
$4.7M
Cap Rate 7%
$3,351,686
$3.4M
Cap Rate 9%
$2,606,867
$2.6M
Market Conditions
NOI Build-Up for 19,356 SF
Gross rent
$348.4K $18.00/SF
− Vacancy
−$13.2K −$0.68/SF
EGI
$335.2K $17.32/SF
− OpEx
−$100.6K −$5.19/SF
NOI
$234.6K $12.12/SF
Area
Strafford County, NH
Vacancy
3.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,692,360
Cap Rate 7%
$3,351,686
Cap Rate 9%
$2,606,867
Alternative Uses
Best Use
Retail
$3.35M
$2.93M – $3.91M
NOI $234,618 @ 7.0% cap · market cap 1,303,433.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.18M
$4.53M – $6.04M
NOI $362,484 @ 7.0% cap · market cap 2,013,800.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
219
Businesses Nearby
84k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 50%
Groceries 32%
Shops & Services 18%
Hannaford
Groceries
25,398 visits/mo
0.3 miles
McDonald's
Dining
22,719 visits/mo
0.2 miles
Wendy's
Dining
18,875 visits/mo
0.0 miles
Ocean State Job Lot
Shops & Services
14,219 visits/mo
0.3 miles
New Hampshire Liquor & Wine Outlet
Groceries
1,859 visits/mo
0.1 miles
Demographics for 03867, NH
22,369
Population
10,458
Households
2.1
Avg Household Size
44
Median Age
25%
College-Educated
93%
High-School Grad
28.4 sq mi
ZIP Area
788
Density / Sq Mi
$74,397
Median Household Income
$42,613
Median Earnings
$1,217
Median Rent
$259,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
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- Lilac Mall — 5 Milton Rd, Rochester, NH 03867
Frequently Asked Questions
What type of property is this?
Shopping center - Renovated building systems and refreshed exterior finishes complement a range of configurable retail spaces.
Where is this shopping center located?
The property is located at 181-193B Wakefield Street Rochester, NH.
What are key features of this property?
This property features: Retail suites range from 1,250± SF to 4,200± SF; Updated façade and building systems; Pylon and building signage opportunities
