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Property profile & analytics
FOR SALE
Showrooms

4 Sanborn Rd Tilton, NH 03276

14,645 SF 1.97 ac lot Built 2008
Entity Owned 17-yr Hold ~ Est. High Equity
Property ID
US58-0639189
Property summary
AI-generated overview

This exceptional investment opportunity presents a 14,550-square-foot Walgreens pharmacy located at 4 Sanborn Rd, Tilton, NH 03276. Boasting a prime retail location just 500 feet from Interstate 93, this property benefits from significant daily traffic volume exceeding 33,000 vehicles on Route 3 and Sanborn Road. The property sits on a 1.97-acre lot and was constructed in 2008. The building is currently 100% occupied under a 25-year absolute NNN lease, with a remaining term of approximately 8.6 years, expiring June 29, 2033. The lease commenced June 30, 2008. The property generates a strong net operating income (NOI) of $515,000, resulting in an attractive 7.75% capitalization rate. This location is surrounded by a robust mix of national retailers, including Home Depot, Lowe's, Walmart, Tangier Outlets, Dunkin', Taco Bell, McDonald's, and Market Basket, ensuring high visibility and consistent customer traffic. The asking price for this exceptional retail investment is $6,645,162. This is a rare opportunity to acquire a high-performing, long-term leased asset in a thriving retail corridor. The property's strong tenant, excellent location, and substantial remaining lease term make it an ideal addition to any investment portfolio.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2008
Total area 14,645 SF
Lot 1.97 ac (85,813 SF)
Zoning code REGION
APN TILT M:00R23 B:000001 L:000000
UPID US58-0639189
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
  • Redbox Cinema (Bike/Boat/Book/etc) Store
  • Western Union Bank Credit Union
  • Walgreens Pharmacy Pharmacy
  • Cardtronics ATM Atm
  • Walgreens Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.08M
Comparable Approach Comparable
$2.45M
Blend (final) Blend
$2.11M
Owner & transaction history
Arc Wgtltnh001 LLC · 17 yrs held
Arc Wgtltnh001 LLC
since 2008
5 recorded transactions
2018
Price N/A
2008
$8.0M
2006
Price N/A
2005
$1.6M
2005
Price N/A
Zoning & alternative use
REGION · Tilton, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building $2.0M +4.6%
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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