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    125 Broadway Salem, NH 03079

    Sponsored
    For Lease
    Contact for pricing

    High-traffic Salem, NH shopping center space available.

    Lot size:
    37,933 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This prime retail space, Shoppes at Rockingham Park, located at 125 S Broadway, Salem, NH 03079, offers a unique investment opportunity. The 37,933 square foot shopping center boasts a highly visible location at the signalized intersection of South Broadway (Route 28) and Veterans Memorial Highway (the first exit off I-93 in New Hampshire). Benefitting from its strategic placement directly across from the expansive Tuscan Village (a 3 million square foot mixed-use development) and the 1 million square foot Mall at Rockingham Park, this property enjoys exceptional foot traffic and brand recognition. Currently, 5,040 square feet of retail space is available, divisible into units as small as 1,844 square feet, with a maximum contiguous space of 3,196 square feet. The property features ample parking, with a ratio of 5 spaces per 1,000 square feet. A recent façade renovation enhances the property's curb appeal. Strong existing tenants include Barnes & Noble, Wrap City, Top Fitness, Bank of America, and Supercuts, creating a vibrant and established retail environment. This location in Rockingham County presents a compelling opportunity for businesses seeking high visibility and access to a substantial consumer base. The property's size and configuration offer flexibility for a variety of retail uses.

    Property Features for 125 Broadway

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    37,933 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    5,040 SF

    HighLights

    • 5,040 SF of commercial space available.
    • High‑visibility location at the signalized intersection of S. Broadway (Route 28) and Veterans Memorial Parkway (the first I‑93 exit in NH).
    • Across from Tuscan Village, a new development with 800,000 SF of retail, 950 residential units, and 1,000,000 SF of office space, including national tenants like L.L.Bean and Chipotle.
    • Across from the 1.2 million SF Mall at Rockingham Park.
    • Adjacent to Rockingham Mall, anchored by national retailers including Christmas Tree Shops, Planet Fitness, T.J. Maxx, and Kohl's.
    • Located in a primary retail corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Barnes & Noble Book Store Top Fitness Store ... Exercise Equipment Store Salem Park Plaza Shopping Mall Linear Retail Properties, ... Commercial Real Estate Agency Findeisen's Ice Cream Ice Cream Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Rockingham
    State
    New Hampshire
    Longitude
    -71.2205053
    Latitude
    42.770718

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    FAQs

    What type of property is this?
    Lifestyle center - High-traffic Salem, NH shopping center space available.
    Where is this lifestyle center located?
    The property is located at 125 Broadway Salem, NH.
    What are key features of this property?
    This property features: 5,040 SF of commercial space available.; High-visibility location at the signalized intersection of S. Broadway (Route 28) and Veterans Memorial Parkway (the first I-93 exit in NH).; Across from Tuscan Village, a new development with 800,000 SF of retail, 950 residential units, and 1,000,000 SF of office space, including national tenants like L.L.Bean and Chipotle.
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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
    125 Broadway Salem, NH 03079
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