951 Central St, Franklin, NH 03235
For Lease
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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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
B1W&S · Franklin, NHFranklin. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.