Listing Agency: Atlantic Retail Nationwide

Listed By: Sam Koonce · License #MA 9530978-RE-S

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 7:10AM

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Investment Insights

Based on property information with market context.

This shopping center property contains 127,058 square feet in a former Sears anchor building within The Mall at Fox Run. The premises are currently free of tenant leases and include existing infrastructure, allowing the property to be evaluated for redevelopment or continued large-format retail use. The offering occupies approximately 12.93 acres and provides 893 parking spaces.

The site fronts Spalding Turnpike (Route 4), a major north-south highway along New Hampshire’s eastern border with reported traffic of 54,700 vehicles per day. The property is in Newington, minutes from Downtown Portsmouth and within reach of Maine and Massachusetts. Its position within a super-regional mall gives the asset access to an established retail corridor and a broad surrounding trade area.

Key Highlights

• 127,058‑square‑foot former Sears anchor within The Mall at Fox Run
• Approximately 12.93‑acre parcel with 893 parking spaces
• Currently unencumbered by tenant leases

Property Analytics

Property Profile

Current Use

Shopping centers

Suggested Use

Top Pick Electrical Service (Bike/Boat/Book/etc) Store Locksmith Barber Shop Pet Grooming Service Grocery & Convenience 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

54,700 VPD

Traffic count

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

429

Businesses Nearby

183k

Monthly Visits Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Foot Traffic Nearby

Superstores 51% Apparel 32% Dining 14% Home Improvements & Furnishings 2%

Walmart Superstores

93,410 visits/mo 0.1 miles

Macy's Apparel

33,169 visits/mo 0.3 miles

Texas Roadhouse Dining

25,869 visits/mo 0.1 miles

Savers Thrift Store Apparel

25,080 visits/mo 0.4 miles

Woodcraft Home Improvements & Furnishings

3,012 visits/mo 0.0 miles

Demographics for 03801, NH

22,767

Population

11,448

Households

2

Avg Household Size

43

Median Age

63%

College-Educated

98%

High-School Grad

23.8 sq mi

ZIP Area

957

Density / Sq Mi

$106,520

Median Household Income

$65,984

Median Earnings

$1,783

Median Rent

$647,500

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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Similar Off Market Nearby

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• Sunglass Hut — 50 Fox Run Rd #81, Newington, NH 03801

Frequently Asked Questions

What type of property is this?

Shopping center - Former Sears anchor with vacant space, existing infrastructure, and redevelopment potential within a regional mall setting.

Where is this shopping center located?

The property is located at 50 Fox Run Rd Newington, NH.

What are key features of this property?

This property features: 127,058‑square‑foot former Sears anchor within The Mall at Fox Run; Approximately 12.93‑acre parcel with 893 parking spaces; Currently unencumbered by tenant leases