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Ground-Leased Retail Land

788 S Willow St Manchester, NH 03103

788 S Willow St, Manchester, NH, 03103
Contact for pricing
For Sale
Contact for pricing
Pending

Corner land site on a signalized intersection is under an absolute NNN ground lease with CVS through January 31, 2026.

Lot Size1.03 Acres
Days on Market103

Property Features for 788 S Willow St

General Information

Standard status
Pending
Lot size
1.03 Acres
Property subtype
Land
Listing agency Gendron Commercial
Listed by John Gendron · License #ME 104572
Source Crexi
Added: Apr 12 Updated: Jul 22 at 9:21PM Checked: Jul 22 at 9:21PM

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 Gendron Commercial


Investment Insights

Based on property information with market context.

Exclusive sale offering for land located at 788 S. Willow St in Manchester, NH. The property is improved with a ground lease currently occupied by CVS, with the lease in place for 20+ years since the building was constructed in 2000. CVS has exercised its first five-year renewal option, extending the lease term until January 31, 2026, with three additional five-year renewal options remaining. Each renewal option provides for a 4% rental increase. The ground lease is described as an absolute NNN lease with no landlord responsibilities.

The site is positioned as a corner lot at a signalized intersection, providing visibility and accessibility. Traffic is reported at 22,267 cars per day on S. Willow Street and 2,600 on Jobin Dr. The area is described as a major retail corridor, with a population of 15,291 within 1 mile, 90,278 within 3 miles, and 140,225 within 5 miles. Surrounding tenants listed in the remarks include national and regional retailers such as The Home Depot, Wendy’s, Panera Bread, Petco, Mattress Firm, Sullivan Tire, Starbucks, TD Bank, Michael’s, Dunkin Donuts, Taco Bell, Bank of America, Burger King, Citizen’s Bank, and more.

The land totals 1.034 +/- acres.

Key Highlights

  • 1.034 +/- acre corner land site on a signalized intersection at 788 S. Willow St, Manchester, NH.
  • CVS is the current tenant under an absolute NNN ground lease with no landlord responsibilities.
  • Lease runs through January 31, 2026 after CVS exercised a 5‑year renewal option (started when building was built in 2000).

Property Analytics

Location Intelligence

Current Use by Public Records

CVS Photo (Bike/Boat/Book/etc) Store CVS Pharmacy Santander Bank ATM Atm CVS Pharmacy Pharmacy Redbox Cinema

Suggested Use

Law Firm Real Estate Agency Parking Lot & Garage Accounting Firm Hotel & Motel Acupuncture Barber Shop Catering Service Daycare Center Garden Center

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Commercial land - Corner land site on a signalized intersection is under an absolute NNN ground lease with CVS through January 31, 2026.
Where is this commercial land located?
The property is located at 788 S Willow St Manchester, NH.
What are key features of this property?
This property features: 1.034 +/- acre corner land site on a signalized intersection at 788 S. Willow St, Manchester, NH.; CVS is the current tenant under an absolute NNN ground lease with no landlord responsibilities.; Lease runs through January 31, 2026 after CVS exercised a 5‑year renewal option (started when building was built in 2000).
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