397 Manchester St Manchester, NH 03103

Listing agency SURMOUNT g***@nnnpro.com Show Phone

Listed by Glen Kunofsky · License #NY 49KU1129178

Source Crexi

Added: Apr 11 Updated: Jul 22 at 2:43PM Checked: Jul 22 at 2:43PM

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Investment Insights

Based on property information with market context.

The property is a Granite Recovery Center offering 2,770 square feet of building space on roughly 0.14 acres. It is operated under a modified triple-net lease with extremely limited landlord responsibilities. The lease includes two and a half percent (2.5%) rental increases that continue through the base term and then adjust to fair market value during the three, five-year tenant renewal options.

The tenant is Granite Recovery Holdings, LLC, which is described as a wholly owned subsidiary of BayMark Health Services Inc.

Additional lease detail includes that the rental increases continue through the base term and the renewal periods include fair market value adjustments, subject to the terms of the modified triple-net structure.

Key Highlights

• 2,770 SF Granite Recovery Center on roughly 0.14 acres in Manchester, New Hampshire
• Modified triple‑net lease with extremely limited landlord responsibilities
• Lease includes 2.5% rental increases that continue through the base term

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FAQs

What type of property is this?

Rehabilitation center - Granite Recovery Center is available for sale under a modified triple-net lease with limited landlord responsibilities.

Where is this rehabilitation center located?

The property is located at 397 Manchester St Manchester, NH.

What are key features of this property?

This property features: 2,770 SF Granite Recovery Center on roughly 0.14 acres in Manchester, New Hampshire; Modified triple‑net lease with extremely limited landlord responsibilities; Lease includes 2.5% rental increases that continue through the base term