125 Loudon Rd - Convenience Store FOR SALE


Concord, NH 03301
$2,400,000 USD
617-202-4033
125 Loudon Rd, Concord, NH for Sale
$2,400,000 USD
Convenience Store - FOR SALE
1/4
null | 5.5% Cap Rate

125 Loudon Rd
Concord, NH 03301


HIGHLIGHTS

  • Corporate-guaranteed lease (7-Eleven, Inc.)
  • Long Term Occupancy
  • Absolute NNN Lease
  • Scheduled Rental Increases
  • Potential Bonus Depreciation
  • Strategic Retail Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the fee-simple interest in a single-tenant, freestanding 7-Eleven located at 125 Loudon Road in Concord, New Hampshire (the “Property”). 7-Eleven has been located at the Property for over 20 years; the site was built for them in 2003 and they have since executed two lease extensions, demonstrating their commitment to the site and market. 7-Eleven currently subleases the Property to Quick Mart while remaining the guarantor on the lease. The lease is structured as a Triple Net (NNN) lease and has over five (5) years of term remaining, followed by one (1) five (5)-year renewal option, with an attractive 10% rent increase at the commencement of the renewal option. The Property is well positioned along Loudon Road (U.S. Route 9) and benefits from strong visibility and prominent frontage at a signalized intersection, with convenient access points for ingress and egress. 7-Eleven is located along one of Concord’s primary commercial corridors and is just minutes from downtown Concord, providing direct connectivity to Interstate 93 and Route 393 for easy regional access. The Property is surrounded by a mix of national retailers, local businesses, and dense residential neighborhoods, and is in close proximity to major employment drivers, retail centers, and medical facilities that generate consistent daily traffic from area residents, employees, and commuters.

FOR SALE DETAILS

PRICE

$2,400,000 USD

PRICE/SF

$816 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1.34 AC

LAND SF

58,370 SF

ZONING

CG

APN/PARCEL ID

CNCD-000114D-000002-000015

ASK ABOUT THIS PROPERTY

Jake MabardyHorvath & TremblayMore Info
617-202-4033

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Jake MabardyHorvath & TremblayMore Info
617-202-4033

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.