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Freestanding Grocery Store
For Sale
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952 Central St, Franklin, NH 03235

Hannaford occupies the property along Route 3, serving established residential communities in Franklin and Tilton.

Property SizeContact for details
Days on Market143

Property Features for 952 Central St

General Information

Standard status Active
Property subtype Retail

Financials

Asking Price $12,100,000
Cap Rate 6.65%

Building Details

Tenancy Single
Listing Agency: CBRE - Boston
Listed By: Nat Heald · License #MA 9088276-RE-S
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 6:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Boston

Investment Insights

Based on property information with market context.

This freestanding grocery property is occupied by Hannaford, a northern New England grocery operator. The asset is positioned along Route 3 in Franklin, within a retail setting serving year-round residents and Lakes Region second-home owners.

The property is near the residential populations of Franklin and Tilton and is part of the regional retail market associated with the Lakes Region. The offering is presented at a 6.65% cap rate.

Key Highlights

  • Freestanding grocery property occupied by Hannaford
  • Positioned along Route 3 in Franklin, New Hampshire
  • Near the residential populations of Franklin and Tilton

Property Analytics

Current Use

Redbox Cinema Hannaford Pharmacy Pharmacy ATM Atm Hannaford Grocery & Convenience Store Western Union Bank

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Dental Office Restaurant Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

232
Businesses Nearby
80k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 38% Dining 27% Groceries 26% Home Improvements & Furnishings 7%
Hannaford Groceries
20,861 visits/mo 0.1 miles
McDonald's Dining
16,803 visits/mo 0.3 miles
Dollar Tree Shops & Services
15,677 visits/mo 0.2 miles
Tractor Supply Co. Home Improvements & Furnishings
5,371 visits/mo 0.3 miles
Dollar General Shops & Services
4,726 visits/mo 0.1 miles

Demographics for 03235, NH

8,856
Population
4,021
Households
2.2
Avg Household Size
44
Median Age
19%
College-Educated
91%
High-School Grad
29.8 sq mi
ZIP Area
297
Density / Sq Mi
$69,921
Median Household Income
$41,333
Median Earnings
$1,088
Median Rent
$244,800
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Hannaford occupies the property along Route 3, serving established residential communities in Franklin and Tilton.
Where is this grocery and convenience store located?
The property is located at 952 Central St Franklin, NH.
What are key features of this property?
This property features: Freestanding grocery property occupied by Hannaford; Positioned along Route 3 in Franklin, New Hampshire; Near the residential populations of Franklin and Tilton
(617) 953-0152 Call to check price and availability
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