Building Details

Buildings 2

Tenancy Multi

Abandoned No

Listing Agency: NAI Norwood Group Show Phone

Listed By: Deana Arden · License #069047 Show Phone

Source: Moodyscre

Added: Aug 20 Changed: Oct 11 Last Checked: Oct 16 at 10:50AM

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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 NAI Norwood Group

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Investment Insights

Based on property information with market context.

This net-leased property includes a 6,277± SF retail building and a separate 1,440± SF garage/service building. The buildings are leased to a furniture, appliance, and electronics retailer and an automotive repair business, respectively. The main structure includes three mezzanine-level offices; access is currently unavailable because the former stairway was removed, and future use would require restored access and applicable approvals.

The 4.55± acre site includes excess land for potential expansion or redevelopment, subject to municipal approvals. Property infrastructure includes drive-in access, municipal water and sewer, natural gas, and three-phase power. Recent improvements include a new roof, new furnace, and updated HVAC systems. Approximately 400 feet of frontage along Route 108 provides access to Routes 9 and 16, including the Spaulding Turnpike, as well as I-95.

Key Highlights

• 4.55± acre site with excess land for potential expansion or redevelopment, subject to municipal approvals
• 6,277± SF retail building leased to a furniture, appliance, and electronics retailer
• Detached 1,440± SF garage/service building leased to an automotive repair business

Property Analytics

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Current Use

Range Automotive LLC Auto Repair Shop Aaron's Rent To Own Furniture & Home Goods

Suggested Use

Top Pick Real Estate Agency Law Firm HVAC Service Plumbing Service Garden Center (Bike/Boat/Book/etc) Store

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

100%

Occupancy

Multi-tenant

Tenancy

Yes

Highway access

Yes

Paved road access

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

289

Businesses Nearby

472k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Superstores 39% Shops & Services 15% Groceries 15% Dining 10%

Walmart Superstores

98,583 visits/mo 0.2 miles

Target Superstores

84,767 visits/mo 0.2 miles

Market Basket Groceries

49,019 visits/mo 0.4 miles

T.J. Maxx Apparel

34,941 visits/mo 0.5 miles

The Home Depot Home Improvements & Furnishings

30,351 visits/mo 0.3 miles

Demographics for 03878, NH

11,919

Population

5,722

Households

2.1

Avg Household Size

40

Median Age

29%

College-Educated

95%

High-School Grad

9.8 sq mi

ZIP Area

1,216

Density / Sq Mi

$79,691

Median Household Income

$47,638

Median Earnings

$1,410

Median Rent

$295,200

Median Home Value

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

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Frequently Asked Questions

What type of property is this?

NNN property - Two leased buildings combine retail and automotive service functions on a commercial site with municipal utilities.

Where is this nnn property located?

The property is located at 445 High St Somersworth, NH.

What are key features of this property?

This property features: 4.55± acre site with excess land for potential expansion or redevelopment, subject to municipal approvals; 6,277± SF retail building leased to a furniture, appliance, and electronics retailer; Detached 1,440± SF garage/service building leased to an automotive repair business