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Property profile & analytics
OFF-MARKET Estimated value $2,115,000
Turn key restaurants

221 Loudon Rd Concord, NH 03301-6054

5,701 SF 2.96 ac lot Built 2006
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US58-0078480
Property summary
AI-generated overview

This exceptional freestanding restaurant building, located at 221 Loudon Rd in Concord, New Hampshire, presents a unique opportunity for a discerning restaurateur. Boasting a substantial 5,818 square feet of space, this single-tenant property is ready for immediate occupancy. The building benefits from a highly visible location on Loudon Road, enhanced by a prominent pylon sign ensuring excellent brand visibility. Ample parking is provided with 168 dedicated spaces, guaranteeing convenient access for patrons. Situated in Merrimack County, this property enjoys close proximity to the significant Steeplegate Mall redevelopment project. This revitalization will bring major retailers such as Costco, Whole Foods, and Chase Bank, creating increased foot traffic and a thriving commercial environment. The 2.96 acres of land provide ample space and potential for future expansion or outdoor seating. The property's strategic location and substantial size make it an ideal investment for a restaurant seeking a high-traffic, easily accessible location in a rapidly developing area of Concord, NH. The zip code is 03301.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2006
Construction STEEL FRAME
Total area 5,701 SF
Lot 2.96 ac (128,938 SF)
Zoning code CG
APN CNCD M:611Z B:1
UPID US58-0078480
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • TGI Fridays Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.12M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.12M
Owner & transaction history
Melt LLC · 2 yrs held
Melt LLC
since 2024
Last sale
$2.1M
5 recorded transactions
2024
$2.1M
2010
$1.6M
2007
$2.2M
2006
$1.9M
2001
$1.0M
Zoning & alternative use
CG · Concord, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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