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Turnkey Automotive Service Facility
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386 Daniel Webster Hwy, Merrimack, NH 03054

Former oil change facility with two drive-in service bays, two oil change stations, and ample parking.

Property Size4,131 SF
Price / SF$1.00
Days on Market95

Property Features for 386 Daniel Webster Hwy

General Information

Standard status Active
Size 4,131 SF
Property subtype Retail

Additional Details

Traffic Count 14,904 vehicles/day
Service Bays 2
Listing Agency: Manchester, NH
Listed By: Cassandra Farley
Source: Colliers
Added: Jul 24 Changed: Oct 25 Last Checked: Oct 24 at 1:26PM

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 Manchester, NH

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Investment Insights

Based on property information with market context.

Former oil change facility offering 4,131± SF with existing automotive infrastructure and an efficient, service-oriented layout. The property includes two drive-in service bays, two oil change stations, and ample parking to support customer access and day-to-day operations.

Located at 386 Daniel Webster Hwy in Merrimack, NH, the building features prominent building and pylon signage along one of Merrimack’s primary commercial corridors. Per NHDOT 2025, the corridor is listed at 14,904± AADT.

The site is positioned for automotive service uses, including quick lube and related maintenance and detailing operations, supported by the ready-to-use service configuration and parking available on site. The surrounding area is described as a strong mix of national retailers, restaurants, and established local businesses.

Key Highlights

  • Former oil change facility offering 4,131± SF with existing automotive infrastructure.
  • Includes 2 drive‑in service bays and 2 oil change stations for quick lube and service operations.
  • Ample parking available on‑site for customers and service vehicles.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,415
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,300 $708.3K
Cap Rate 7%
$505,929 $505.9K
Cap Rate 9%
$393,500 $393.5K
Market Conditions
NOI Build-Up for 4,131 SF
Gross rent
$53.5K $12.96/SF
− Vacancy
−$2.9K −$0.71/SF
EGI
$50.6K $12.25/SF
− OpEx
−$15.2K −$3.67/SF
NOI
$35.4K $8.57/SF
Area
Hillsborough County, NH
Vacancy
5.50%
Lease Rate
$12.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$708,300
Cap Rate 7%
$505,929
Cap Rate 9%
$393,500

Alternative Uses

Best Use
Retail
$825.4K
$722.2K – $962.9K (±1% cap)
NOI $57,776 @ 7.0% cap · market cap 1,398.60%
Second Best
Industrial
$505.9K
$442.7K – $590.3K (±1% cap)
NOI $35,415 @ 7.0% cap · market cap 857.30%
Theoretical Best
Specialty Retail
$7.57M
$6.62M – $8.83M (±1% cap)
NOI $529,801 @ 7.0% cap · market cap 12,825.01%
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

Erick's custom exhaust ... Auto Repair Shop

Suggested Use

Top Pick Law Firm HVAC Service Real Estate Agency Grocery & Convenience Store Big Box & Wholesale Store Storage Facility

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

2
Service bays
14,904 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

345
Businesses Nearby
12k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 91% Beauty & Spa 9%
Dollar General Shops & Services
9,109 visits/mo 0.4 miles
MyEyeDr. Shops & Services
2,070 visits/mo 0.3 miles
Great Clips Beauty & Spa
1,090 visits/mo 0.4 miles

Demographics for 03054, NH

26,622
Population
10,581
Households
2.5
Avg Household Size
43
Median Age
49%
College-Educated
96%
High-School Grad
32.6 sq mi
ZIP Area
817
Density / Sq Mi
$128,897
Median Household Income
$65,604
Median Earnings
$1,819
Median Rent
$406,200
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

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Similar Off Market Nearby

  • Monro Auto Service And Tire Centers — 348 Daniel Webster Hwy, Merrimack, NH 03054
  • Prima Glass, LLC — 1514 Columbia Cir, Merrimack, NH 03054
  • Performance Electronics — 1505 Columbia Cir, Merrimack, NH 03054
  • Protective Film Specialists — 2312 Columbia Cir, Merrimack, NH 03054
  • Rev Limit Auto — 2308 Columbia Cir, Merrimack, NH 03054

Frequently Asked Questions

What type of property is this?
Auto shop - Former oil change facility with two drive-in service bays, two oil change stations, and ample parking.
Where is this auto shop located?
The property is located at 386 Daniel Webster Hwy Merrimack, NH.
What are key features of this property?
This property features: Former oil change facility offering 4,131± SF with existing automotive infrastructure.; Includes 2 drive‑in service bays and 2 oil change stations for quick lube and service operations.; Ample parking available on‑site for customers and service vehicles.
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