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4 Sanborn Rd Tilton, NH 03276

Sponsored
For Sale
$6,645,162

High-Yield Pharmacy, I-93 Proximity

Property size:
14,550 SF

Description

Added:
Dec 11, 2024
Days on Market:
392
This exceptional investment opportunity presents a 14,550-square-foot Walgreens pharmacy located at 4 Sanborn Rd, Tilton, NH 03276. Boasting a prime retail location just 500 feet from Interstate 93, this property benefits from significant daily traffic volume exceeding 33,000 vehicles on Route 3 and Sanborn Road. The property sits on a 1.97-acre lot and was constructed in 2008. The building is currently 100% occupied under a 25-year absolute NNN lease, with a remaining term of approximately 8.6 years, expiring June 29, 2033. The lease commenced June 30, 2008. The property generates a strong net operating income (NOI) of $515,000, resulting in an attractive 7.75% capitalization rate. This location is surrounded by a robust mix of national retailers, including Home Depot, Lowe's, Walmart, Tangier Outlets, Dunkin', Taco Bell, McDonald's, and Market Basket, ensuring high visibility and consistent customer traffic. The asking price for this exceptional retail investment is $6,645,162. This is a rare opportunity to acquire a high-performing, long-term leased asset in a thriving retail corridor. The property's strong tenant, excellent location, and substantial remaining lease term make it an ideal addition to any investment portfolio.

Property Features for 4 Sanborn Rd

General Information

Property type
Individual retail properties
Square Feet
14,550 SF
Lot Size
85,813 SF

Building Details

Year Built
2008

HighLights

  • 14,550 SF Walgreens pharmacy on a 1.97‑acre lot at 4 Sanborn Rd, Tilton, NH.
  • Prime retail location, 500 feet from I‑93, with over 33,000 vehicles daily.
  • Built in 2008, 100% occupied under a 25‑year absolute NNN lease with ~8.6 years remaining (expiring 6/29/2033).
  • Strong NOI of $515,000 and a 7.75% cap rate.
  • Asking price: $6,645,162.
Property Profile Location Intelligence

Current Use by Public Records

Redbox Movie Rental Kiosk Western Union Money Transfer Service Walgreens Pharmacy Pharmacy Cardtronics ATM Atm Walgreens Drug Store

Suggested Use

Restaurant Building Supply Hair Salon Wholesale Shop Dental Office Nail Salon Hotel & Motel Gym & Fitness Auto Repair Shop Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Tilton
County
Belknap
State
New Hampshire
Longitude
-71.5661361
Latitude
43.456802

FAQs

What type of property is this?
Individual retail property - High-Yield Pharmacy, I-93 Proximity
Where is this individual retail property located?
The property is located at 4 Sanborn Rd Tilton, NH.
What is the asking price?
The asking price for this property is $6,645,162.
What are key features of this property?
This property features: 14,550 SF Walgreens pharmacy on a 1.97-acre lot at 4 Sanborn Rd, Tilton, NH.; Prime retail location, 500 feet from I-93, with over 33,000 vehicles daily.; Built in 2008, 100% occupied under a 25-year absolute NNN lease with ~8.6 years remaining (expiring 6/29/2033).
More about this property
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