125 Broadway Salem, NH 03079
- Super regional malls
- 38,797 SF
- 5.46 lot acres
Current Use by Public Records
- Barnes & Noble / Book Store / Cafe
- Top Fitness Store - Salem / Exercise Equipment Store / Sporting Goods Store
- Salem Park Plaza / Shopping Mall
- Linear Retail Properties, LLC. / Commercial Real Estate Agency
- Findeisen's Ice Cream / Ice Cream Shop
Property Details for 125 Broadway
- Year built
- 1990
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 5.46 lot acres
- Property size
- 38,797 SF
- Zone code
- CIC
- Property type
- Super regional malls
- APN
- SLEM M:108 B:842 L:
- APU
- SLEMM108B842L
Description
This prime retail space, Shoppes at Rockingham Park, located at 125 S Broadway, Salem, NH 03079, offers a unique investment opportunity. The 37,933 square foot shopping center boasts a highly visible location at the signalized intersection of South Broadway (Route 28) and Veterans Memorial Highway (the first exit off I-93 in New Hampshire). Benefitting from its strategic placement directly across from the expansive Tuscan Village (a 3 million square foot mixed-use development) and the 1 million square foot Mall at Rockingham Park, this property enjoys exceptional foot traffic and brand recognition. Currently, 5,040 square feet of retail space is available, divisible into units as small as 1,844 square feet, with a maximum contiguous space of 3,196 square feet. The property features ample parking, with a ratio of 5 spaces per 1,000 square feet. A recent façade renovation enhances the property's curb appeal. Strong existing tenants include Barnes & Noble, Wrap City, Top Fitness, Bank of America, and Supercuts, creating a vibrant and established retail environment. This location in Rockingham County presents a compelling opportunity for businesses seeking high visibility and access to a substantial consumer base. The property's size and configuration offer flexibility for a variety of retail uses.
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
- Salem
- County
- Rockingham
- State
- New Hampshire
- Longitude
- -71.2197
- Latitude
- 42.7706
- CBSA code
- 14460
- CBSA name
- BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA