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    1448 Nh Route 119 Rindge, NH 03461

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    For Sale
    Contact for pricing

    8,000 SF Restaurant Center, NH

    Property size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8,000 square foot retail center, built in 2020, is ideally situated at the intersection of I-202 and NH Route 119 in Rindge, New Hampshire. Currently 100% occupied by a Dunkin' and Domino's Pizza, both operating under 10-year NNN leases with rent increases every five years. The center boasts ample parking (5.6 spaces per 1,000 square feet) and excellent visibility due to its dominant location. A Gardner Federal Credit Union is currently under construction, further enhancing the property's value and tenant mix. This investment opportunity benefits from strong credit tenants who have demonstrated resilience, continuing operations throughout the COVID-19 pandemic. The strategic location near the Massachusetts border offers access to a large customer base in a sales-tax-free environment, with nearby retail giants including Walmart, Hannaford Brothers, Market Basket, and Tractor Supply. The property features a multi-tenant configuration and offers long-term lease stability. Both Dunkin' and Domino's utilize drive-thru options, maximizing convenience and customer accessibility. This is a triple-net lease property with a proven track record and significant upside potential. The center's out-positioned location provides a competitive advantage in the market.

    Property Features for 1448 Nh Route 119

    General Information

    Property type
    Restaurants
    Square Feet
    8,000 SF

    HighLights

    • 2020 construction.
    • New 10‑year leases with built‑in rent increases every 5 years.
    • Ample parking (5.6 spaces per 1,000 square feet).
    • Long‑term leases with credit tenants.
    • Market‑leading location with superior visibility and access.
    • Triple‑net lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    AR Overhead Doors Garage Door Supplier

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Clothing Store Nail Salon Storage Facility Food Market Grocery Store Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Rindge
    County
    Cheshire
    State
    New Hampshire
    Longitude
    -72.035619
    Latitude
    42.7618574

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    FAQs

    What type of property is this?
    Restaurant - 8,000 SF Restaurant Center, NH
    Where is this restaurant located?
    The property is located at 1448 Nh Route 119 Rindge, NH.
    What are key features of this property?
    This property features: 2020 construction.; New 10-year leases with built-in rent increases every 5 years.; Ample parking (5.6 spaces per 1,000 square feet).
    Request Owner's contact information
    1448 Nh Route 119 Rindge, NH 03461
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    Rindge, NH 03461
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1448 Nh Route 119 Rindge, NH 03461
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