37 Plaistow RdPlaistow, NH 03865

Property Details for 37 Plaistow Rd

Year built

1988

Construction

FRAME

Lot size

2.60 AC

Property size (Sq ft)

19,823 SF

Zone code

C-1

Property type

Retail properties

Property subtype

Super regional malls

APN

PLSW M:25 B:013 L:000-000

APU

PLSWM25B013L000000

Description

This exceptional retail opportunity encompasses 2,420 square feet within a single-story building at 37 Plaistow Road, Plaistow, NH 03865. Situated in the Great Elm Plaza, this corner unit boasts excellent visibility on Route 125, directly across from a popular supermarket. The property features convenient access with ample parking (25-50 spaces) and benefits from high traffic volume due to its location at a four-way traffic light. The space includes a restroom and offers the potential for division into two approximately 1210 sq ft units, each rentable for $2930 per month. The entire 2420 sq ft unit is also available. The building, constructed in 1988, is part of a larger plaza and totals 19,832 square feet. This property is offered as a Triple Net Lease. Another unit of 2593 square feet is also available within the same plaza for $6067 per month. The property sits on 2.6 acres of land and is served by electricity. This prime location provides unparalleled exposure and accessibility for any retail business seeking a thriving New Hampshire market presence, just over the Massachusetts border.

• CAP approach

  CAP return

  Valuation

  6%

  $4,817,681

  6.5%

  $4,447,090

  7%

  $4,129,441

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,526,984

  Geo Method

  $6,526,984

• Alternative Use

  Use

  Valuation

  Residential

  $3,751,287

  Hospitality

  $3,436,159

  Educational

  $2,858,844

  Medical

  $2,957,164

  Retail

  $4,447,090

Location Insight

City

Plaistow

County

Rockingham

State

New Hampshire

Latitude

42.8226

Longitude

-71.1039

CBSA code

14460

CBSA name

BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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