Concord, NH 03301
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details
- Year built
- 2015
- Property type
- Commercial real estate
Description
This exceptional Concord, NH investment property offers a unique opportunity to acquire a thriving retail center on a 3.74-acre parcel situated on heavily trafficked Loudon Road. The property boasts a successful multi-phase development. Phase I features a Buffalo Wild Wings restaurant operating under a land lease since November 2012. Phase II comprises a 17,500 square foot retail building. A significant portion, 5,000 square feet, is currently leased to ConvenientMD Urgent Care Center, operational since late summer 2013. The remaining 12,500 square feet is available for lease and is easily subdividable to accommodate multiple tenants. The asking price is $22.00 per square foot, NNN. For spaces 3,000 square feet or less, the lease rate is $24.00 per square foot, NNN. Landlord provides a "vanilla box" build-out, including primed walls, suspended ceilings, central heating and cooling, and standard commercial lighting. The property benefits from a highly desirable location, adjacent to a TJ Maxx shopping center to the east and a five-story office building at 6 Loudon Road to the west, ensuring high visibility and foot traffic. The rear of the property is ideally suited for a bank with a drive-through window, given its convenient access and ample space. Detailed plans and renderings are available upon request. This is a rare opportunity to acquire a well-established and strategically located retail investment in a thriving New Hampshire market.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Concord
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.5346
- Latitude
- 43.2009
