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    Rte. 28 & Rockingham Blvd Salem, NH 03079

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    For Lease
    Contact for pricing

    Salem, NH Strip Center - High Traffic

    Lot size:
    350,451 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Rockingham Plaza, a vibrant strip center located at the intersection of Route 28 and Rockingham Boulevard in Salem, New Hampshire, presents a unique investment opportunity. This 350,451 square foot property boasts a prime location on the New Hampshire/Massachusetts border, benefiting from a large and diverse customer base. Currently, there are multiple spaces available, ranging from a minimum of 8,000 square feet to a maximum contiguous space of 43,905 square feet, with a total of 95,780 square feet currently vacant. The center is strategically positioned within a thriving retail market, anchored by prominent national tenants including Kohl's, TJ Maxx, Bob's Discount Furniture, and Planet Fitness, solidifying its position as a regional community center. Ample parking is provided with 1,665 spaces available for customers and employees. This property is classified as Retail and Restaurant, offering versatile options for various businesses. The property's location in Rockingham County, zip code 03079, provides easy access to major transportation routes and a strong local economy. This is an exceptional opportunity to establish or expand your business in a high-traffic, well-established retail environment.

    Property Features for 0 Rte. 28 & Rockingham Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    350,451 SF

    Unit(s) available at that property

    Space
    Suite K15
    Size
    8,000 SF
    Space
    Suite 2
    Size
    43,875 SF
    Space
    00005
    Size
    43,905 SF

    HighLights

    • Rockingham Plaza, a 350,451 SF strip center in Salem, NH, offers 95,780 SF of available space in units ranging from 8,000 SF to 43,905 SF.
    • Located at Route 28 & Rockingham Blvd, on the NH/MA border, it benefits from high traffic and a diverse customer base.
    • Strong national anchors include Kohl's, TJ Maxx, Bob's Discount Furniture, and Planet Fitness.
    • Features 1,665 parking spaces and is zoned for retail and restaurant uses.
    • Situated in Rockingham County (zip code 03079), offering excellent access to major transportation routes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.220579
    Latitude
    42.76647

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    FAQs

    What type of property is this?
    Restaurant - Salem, NH Strip Center - High Traffic
    Where is this restaurant located?
    The property is located at Rte. 28 & Rockingham Blvd Salem, NH.
    What are key features of this property?
    This property features: Rockingham Plaza, a 350,451 SF strip center in Salem, NH, offers 95,780 SF of available space in units ranging from 8,000 SF to 43,905 SF.; Located at Route 28 & Rockingham Blvd, on the NH/MA border, it benefits from high traffic and a diverse customer base.; Strong national anchors include Kohl's, TJ Maxx, Bob's Discount Furniture, and Planet Fitness.
    Request Owner's contact information
    Rte. 28 & Rockingham Blvd Salem, NH 03079
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    Salem, NH 03079
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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
    Rte. 28 & Rockingham Blvd Salem, NH 03079
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