Property profile

10 Benning St Lebanon, NH 03784

FOR LEASE
Super regional malls
Property ID
US58-0329135
80,493 SF 7.39 ac lot Built 1992
Entity Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

Powerhouse Plaza presents a compelling retail investment opportunity in West Lebanon, New Hampshire. This Shaw's Supermarket-anchored shopping center boasts a total of 81,317 square feet and is strategically located within a major regional trade area. The property has recently undergone significant renovations, enhancing its curb appeal and functionality. These improvements include a completely new façade, a new roof and shingles, and a newly constructed pylon sign prominently positioned on Route 12A, ensuring high visibility. The center offers exceptional accessibility for the surrounding communities, with convenient access from Route 12A and excellent visibility from Interstate 89 due to rear building signage. This prime location benefits from the high traffic intersection of Interstates 89 and 91. Two retail spaces are currently available, ranging from a minimum of 1,260 square feet to a maximum contiguous space of 4,136 square feet. A total of 5,396 square feet is currently vacant, presenting a unique opportunity for expansion or new tenancy. The property's strong anchor tenant and recent upgrades make it an attractive investment for businesses seeking a high-traffic location in a thriving market. Located in Grafton County, this shopping center offers a blend of established success and modern appeal.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1992
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 80,493 SF
Lot 7.39 ac (321,908 SF)
Zoning code GC
APN LBAN M:115 B:19 L:
UPID US58-0329135

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Hardware & Home Improvement Construction Company
  • Postal Service Courier Service
  • Physician
  • College

Location

10 Benning St Lebanon, NH 03784
Lebanon metro Census 961702 LEBANON, NH-VT MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.87M

Owner & transaction history

since 2018
2 recorded transactions
2018
$13.8M
1999
$10.4M

Zoning & alternative use

GC · West Lebanon, NH

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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