Technical
Financial
Distress signals
Property profile

1500 S Willow St Manchester, NH 03103

FOR LEASE
Super regional malls
Property ID
US58-0337217
383,493 SF 34.51 ac lot Built 1977
Entity Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located at 1500 S Willow St, a highly visible location at the crossroads of I-93 and Route 293. The property is part of a redevelopment project transforming the former Sears location at The Mall of New Hampshire. Currently, successful businesses like Dick's Sporting Goods and Dave & Busters are established tenants, ensuring a vibrant and thriving commercial environment. This development offers multiple spaces ranging from 4,699 square feet to 15,075 square feet, providing flexibility for various retail concepts. Future tenants will benefit from significant visibility from Route 293, attracting substantial foot and vehicle traffic. In addition to the existing retail spaces, a pad opportunity is also available, presenting an exceptional chance to build a custom space. The total existing retail space available is up to 25,275 square feet, offering a wide range of options for businesses seeking a prominent location in a high-traffic area within Hillsborough County. This is a unique chance to establish a presence in a revitalized and successful retail center.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1977
Construction STEEL FRAME
Total area 383,493 SF
Lot 34.51 ac (1,503,345 SF)
APN MNCH M:0666A B:000 L:0003
UPID US58-0337217

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
  • Clothing Store Children'S Clothing Store
  • Home Decor Store
  • (Bike/Boat/Book/etc) Store Home Decor Store
  • Mobile Phone Store Electronics & Wireless Store
  • Restaurant Take-out & Catering

Location

1500 S Willow St Manchester, NH 03103
Manchester metro Census 2600 MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$7.31M
Blend (final) Blend
$7.32M

Owner & transaction history

since 2008
1 recorded transaction
2008
Price N/A

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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