Property profile

12A Rte Lebanon, NH 03766

OFF-MARKET
Retail properties & Spaces
650,000 SF 108.45 ac lot
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Property summary

AI-generated overview

Iron Horse Park presents a unique opportunity for large-scale development in Lebanon, NH. This 108.45-acre site, located on Route 12A, offers exceptional visibility from I-89 and benefits from its strategic location near the I-89/I-91 convergence and Lebanon Municipal Airport. The property is zoned for a variety of uses, including retail, office, and industrial, and boasts a permitted development capacity exceeding 650,000 square feet. A fully permitted plan includes a 13.9-acre lot zoned for 150,400 square feet of commercial/retail development, three additional retail sites suitable for restaurants (6,200 to 10,000 square feet each), 62,000 square feet of two-story retail space, and two planned 60,000 square foot office buildings. Industrial lots with access to active rail are also available, accommodating buildings ranging from 40,200 to 90,000 square feet. Approximately 16 acres are designated as open space. Access will be via a new signalized intersection connecting Iron Horse Park Drive with South Main Street/Route 12A. Municipal utilities, including high-speed broadband, are available. The site's strong demographics and proximity to numerous successful corporations, Dartmouth College, and Dartmouth Hitchcock Medical Center make it an exceptionally attractive investment. This is the last permitted "big box" site in the city. The property's APN is 116/2, 3, and the zip code is 03766. The site is divisible, allowing for the purchase of separate parcels.

Property profile

Verified
Property type Retail properties & Spaces
Total area 650,000 SF
Lot 108.45 ac (4,724,126 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

12A Rte Lebanon, NH 03766
Lebanon metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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