926-950 Willow St Manchester, NH 03103
This exceptional 9,869 square foot shopping center in Manchester, NH, presents a compelling investment opportunity. Located at 926-950 S Willow St, this single-story, fee-simple property boasts a 7.00% cap rate and a strong NOI of $366,200. The 100% occupancy is anchored by four national and regional tenants: Chipotle, Mattress Firm, Hannoush Jewelers, and The Great Greek Mediterranean Grill, all operating under net leases, minimizing landlord responsibilities. The property sits on a 0.95-acre lot and benefits from scheduled rent increases, providing a hedge against inflation. Its prime location on S Willow Street (NH Route 28), a major commercial corridor, offers excellent visibility and accessibility, with high daily traffic counts exceeding 28,200 vehicles. Proximity to I-293 and I-93, along with nearby major retailers and a strong demographic profile (89,800 people within 3 miles, average household income $86,370), further enhances its investment appeal. Lease terms vary, with some tenants having multiple renewal options, ensuring long-term income stability. Built in 1988, this well-maintained property offers a secure and profitable investment for passive investors. The property is strategically positioned near the Mall of New Hampshire and other significant retail destinations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.