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Property profile & analytics
OFF-MARKET Estimated value $11,900,000
Commercial real estate

7 Continental Blvd Merrimack, NH 03054-4339

70,301 SF 7.9 ac lot Built 2005
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US58-0072870
Property summary
AI-generated overview

This exceptional Class A retail and restaurant property, Merrimack Village Center, offers a unique investment opportunity in the thriving Hillsborough Submarket of New Hampshire. Located at 7 Continental Blvd, Merrimack, NH 03054, this 82,292 square foot center sits on 7.9 acres of land and boasts three single-story buildings, constructed in 2006. The property features 13 suites, with a minimum divisible space of 1,200 square feet and a maximum contiguous space of 6,392 square feet. Currently, 9,192 square feet are available for lease. Strategically positioned at the southwest corner of Continental Blvd and Camp Sargent Road, the center benefits from high visibility and accessibility via Continental Blvd, a major commuter route providing easy access to the Frederick E. Everett Turnpike. The C-2 zoning allows for a variety of uses. Merrimack's strong demographics, being the eighth largest town in New Hampshire and experiencing significant population growth (13.4% in the last decade), make this a highly desirable location for businesses. The center is anchored by Shaw's, ensuring consistent foot traffic. This property presents a compelling opportunity for businesses seeking a prominent location in a rapidly growing market. Contact us today to learn more about the available spaces and lease terms.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 2005
Construction STEEL FRAME
Total area 70,301 SF
Lot 7.9 ac (344,211 SF)
Zoning code INDUST
APN MRMK M:0003D L:000003 S:000001
UPID US58-0072870
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
  • Hana Japanese Cuisine Restaurant
  • Subway Take-out & Catering Catering Service
  • Shaw's Grocery & Convenience Store Food Market
  • Peggy Gregory, MD Dental Office
  • Chase ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.78M
CAP Approach CAP
$13.29M
Comparable Approach Comparable
$10.20M
Blend (final) Blend
$11.90M
Owner & transaction history
Merrimack Village LLC · 2 yrs held
Merrimack Village LLC
since 2023
Last sale
$16.6M
3 recorded transactions
2023
$16.6M
2019
Price N/A
2003
$4.6M
Zoning & alternative use
INDUST · Merrimack, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $14.5M +28.6%
Auto repair, garage $12.4M +10.3%
Retail stores $11.5M +1.9%
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