2709 White Mountain Hwy - Freestanding FOR SALE


North Conway, NH 03860
$2,685,714 USD
617-202-4033
2709 White Mountain Hwy, North Conway, NH for Sale
$2,685,714 USD
Freestanding - FOR SALE
1/5
null | 7% Cap Rate

2709 White Mountain Hwy
North Conway, NH 03860


HIGHLIGHTS

  • Attractive Rent Increases
  • Dynamic Corporate Tenant
  • Prime Retail Location
  • Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Sun & Ski Sports investment property located at 2709 White Mountain Highway and 28 Mechanic Street in North Conway, New Hampshire (the “Property”). Sun & Ski Sports has been at this location since 2010 and has extended their lease term twice, demonstrating their commitment to the site and the market. Sun & Ski Sports has 2+ years remaining on their lease with three (3), 5-year renewal options. The lease features an attractive rent increase at the start of the first renewal option with the rent for the second two renewal options to be determined. The Property is situated in the center of North Conway and enjoys one of the best locations in North Conway to capture passing motorists on the heavily travelled US Route 302/NH Route 16 commercial corridor (White Mountain Highway) which includes most of the area’s retail, dining, lodging and entertainment options. The Property is located at the intersection of White Mountain Highway and Mechanic Street and enjoys outstanding visibility, access and signage. Sun & Ski Sports is surrounded by restaurants and retailers, is less than one mile from Maine Health Memorial Hospital, Eastern Slope Inn Resort, Cranmore Mountain Resort, and Cranmore Mountain (ski area), and is 2.5 miles from Settler’s Green, a popular 75-store, 500,000 square foot shopping center, all of which drives traffic to the area.

FOR SALE DETAILS

PRICE

$2,685,714 USD

PRICE/SF

$165 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sun & Ski Sports

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.85 AC

LAND SF

37,026 SF

ZONING

Business/Commercial

APN/PARCEL ID

CNWY-000218-000000-000097

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.