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    FOR LEASE
    Showrooms

    951 Central St, Franklin, NH 03235

    11,200 SF 1.78 ac lot Built 1998
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US58-0296591
    Property summary
    AI-generated overview

    This exceptional freestanding retail building, formerly a Rite Aid, presents a unique opportunity for a single-tenant user. Located at 951 Central Street in Franklin, New Hampshire (zip code 03235), this property boasts a substantial 11,180 square feet of vacant space, ready for immediate occupancy. The building sits on a generous 1.78-acre lot, providing ample parking and visibility. Its convenient location in Merrimack County offers excellent access to local traffic and a strong customer base. The property's previous use as a pharmacy suggests a layout well-suited for retail operations requiring significant space. The building's size and prominent location make it ideal for a variety of retail businesses seeking a high-impact presence in the Franklin market. This is a single-tenant property, offering the exclusive use of the entire building. Serious inquiries are encouraged to explore the potential of this exceptional retail opportunity. The property is available for lease and offers a significant footprint for a business seeking to establish or expand its presence in this thriving New Hampshire community. The property's size and location provide a strong foundation for future success.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 1998
    Construction STEEL FRAME
    Total area 11,200 SF
    Lot 1.78 ac (77,537 SF)
    Zoning code B1W&S
    APN FRKN M:148 B:004 L:
    UPID US58-0296591
    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
    • Rite Aid Pharmacy Pharmacy
    • higi Physician
    • Western Union Bank Credit Union
    • Coinhub Bitcoin ATM Teller Atm
    • CDReload - Online Bitcoin ATM Atm Crypto Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $2.92M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $2.43M
    Blend (final) Blend
    $2.83M
    Owner & transaction history
    RT Franklin LLC · 4 yrs held
    RT Franklin LLC
    since 2022
    Last sale
    $3.0M
    2 recorded transactions
    2022
    $3.0M
    1999
    $2.7M
    Zoning & alternative use
    B1W&S · Franklin, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $2.3M +54.4%
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    More about this property
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