281 Daniel Webster Hwy Nashua, NH 03060-5712
Property profile & analytics
281 Daniel Webster Hwy, Nashua, NH 03060-5712
- Retail properties & Spaces
- 27,068 SF
- 2.22 lot acres
Property ID
US58-0075679
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Planet Fitness / Gym & Fitness Center
Property Details for 281 Daniel Webster Hwy
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 2.22 lot acres
- Zone code
- HB
- Property type
- Retail properties & Spaces
- APN
- NASH M:A L:00975
- APU
- NASHMAL00975
Description
This exceptional 27,403 square foot shopping center in Nashua, New Hampshire, presents a compelling investment opportunity. Located at 281 Daniel Webster Hwy, this property boasts a prime location within a thriving retail corridor, situated on a sizable 2.22-acre lot at a signalized intersection ensuring excellent accessibility. The center is fully occupied (100%) by two corporate tenants: Planet Fitness and DXL, both operating under recently extended, double-net (NN) leases with a weighted average lease term remaining of 8.65 years. The strong tenant mix, featuring a health and fitness center and a clothing retailer, provides stability and diversification. Built in 1998 and renovated in 2023, the property offers 27,403 square feet of space, currently generating a Net Operating Income (NOI) of $656,264, representing a 6.35% cap rate at an asking price of $10,335,000 ($377.15 per square foot). The leases include attractive rental increase structures, with Planet Fitness experiencing a 10% increase every five years and DXL a 6% increase in 2025, followed by fair market value adjustments in subsequent options. The corporate guarantees provided by both tenants further enhance the security of this investment. This is a rare opportunity to acquire a high-performing, well-located retail property with significant long-term growth potential. The property is situated in Hillsborough County, NH, zip code 03060.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Longitude
- -71.443
- Latitude
- 42.7053
- CBSA code
- 31700
- CBSA name
- MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$96,676
$3,315,300
$1,987,800
$5,303,100
-
$0.00
$0.00
$0.00
