281 Daniel Webster HwyNashua, NH 03060

This exceptional 27,403 square foot shopping center in Nashua, New Hampshire, presents a compelling investment opportunity. Located at 281 Daniel Webster Hwy, this property boasts a prime location within a thriving retail corridor, situated on a sizable 2.22-acre lot at a signalized intersection ensuring excellent accessibility. The center is fully occupied (100%) by two corporate tenants: Planet Fitness and DXL, both operating under recently extended, double-net (NN) leases with a weighted average lease term remaining of 8.65 years. The strong tenant mix, featuring a health and fitness center and a clothing retailer, provides stability and diversification. Built in 1998 and renovated in 2023, the property offers 27,403 square feet of space, currently generating a Net Operating Income (NOI) of $656,264, representing a 6.35% cap rate at an asking price of $10,335,000 ($377.15 per square foot). The leases include attractive rental increase structures, with Planet Fitness experiencing a 10% increase every five years and DXL a 6% increase in 2025, followed by fair market value adjustments in subsequent options. The corporate guarantees provided by both tenants further enhance the security of this investment. This is a rare opportunity to acquire a high-performing, well-located retail property with significant long-term growth potential. The property is situated in Hillsborough County, NH, zip code 03060.