951 Central St Franklin, NH 03235
- Showrooms
- 11,200 SF
- 1.78 lot acres
Current Use by Public Records
- Rite Aid Pharmacy / Pharmacy
- higi / Health Consultant
- Western Union / Money Transfer Service
- Coinhub Bitcoin ATM Teller / Atm
- CDReload - Online Bitcoin ATM / Atm / Money Transfer Service
Property Details for 951 Central St
- Year built
- 1998
- Construction
- STEEL FRAME
- Lot size
- 1.78 lot acres
- Property size
- 11,200 SF
- Zone code
- B1W&S
- Property type
- Showrooms
- APN
- FRKN M:148 B:004 L:
- APU
- FRKNM148B004L
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,740,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,820,000
- 6.5%
- $2,950,000
- 7%
- $2,875,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,610,000
- Geo Method
- $2,815,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,085,000
- Retail
- $2,660,000
- Mixed-Use
- $3,355,000
- Hospitality
- $2,925,000
- Educational
- $3,095,000
- Residential Income
- $2,430,000
- Energy
- $2,935,000
- Income-Based Land
- $2,940,000
- Food Service
- $2,855,000
Location Insight
- Map
- Local Demand
- City
- Franklin
- County
- Merrimack
- State
- New Hampshire
- Longitude
- -71.6219
- Latitude
- 43.4464
- CBSA code
- 18180
- CBSA name
- CONCORD, NH MICROPOLITAN STATISTICAL AREA
