232 Daniel Webster Hwy - Fast Food FOR SALE


Nashua, NH 03060- Southeast Nashua
$14,922,000 USD
617-239-3610
232 Daniel Webster Hwy, Nashua, NH for Sale
$14,922,000 USD
Fast Food - FOR SALE
1/5
null | 6.75% Cap Rate

232 Daniel Webster Hwy
Nashua, NH 03060
Southeast Nashua


HIGHLIGHTS

  • STABILIZED ASSET - The property is 100% leased to Old Navy and Chase Bank providing immediate, stable cash flow
  • DENSE RETAIL NODE - The asset is located in the heart of the Daniel Webster Highway retail node
  • MINIMAL LANDLORD RESPONSIBILITIES - Both leases feature minimal landlord responsibilities, limited to only roof and building structure
  • BASIS REDUCTION OPPORTUNITY - Both buildings reside on one parcel giving future ownership the opportunity to parcelize the site
  • ATTRACTIVE CO-TENANCY - The site benefits from a strong tenant mix
  • IDEALLY SITUATED - Ideally positioned just 30 miles from Boston on the New Hampshire and Massachusetts border

OVERVIEW

Atlantic Capital Partners has been exclusively engaged to offer for sale 232 Daniel Webster Highway, a stabilized 3.19-acre retail asset located in Nashua, NH. The property features two individual buildings: a 25,093 square-foot building occupied by Old Navy and a 2,593 square-foot PAD site currently leased to Chase bank, creating a fully stabilized asset and delivering immediate cash flow. Positioned in a densely populated market just 4 miles from downtown Nashua, the offering presents a compelling opportunity to acquire an asset in one of Southern New Hampshire’s most productive retail nodes. The property serves a strong local population of 37,736 residents within a 3-mile radius, with an average household income exceeding $130,000. With substantial frontage along Daniel Webster Highway and just 0.5 miles from Route 3, the asset provides excellent visibility and convenient access to the region’s primary North-South expressway. 232 Daniel Webster Highway is being offered free and clear of existing debt at $14,922,000 equating to a 6.75% CAP Rate

FOR SALE DETAILS

PRICE

$14,922,000 USD

PRICE/SF

$5,978 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Old Navy & Chase Bank - Nashua, NH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Storefront, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.19 AC

LAND SF

138,956 SF

ZONING

HB

APN/PARCEL ID

NASH-000000-000000-000700A

ASK ABOUT THIS PROPERTY

Justin SmithAtlantic Capital PartnersMore Info
617-239-3610

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Justin SmithAtlantic Capital PartnersMore Info
617-239-3610

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