303 N Main St - Fast Food FOR SALE


Rochester, NH 03867
$3,314,000 USD
480-221-4221
303 N Main St, Rochester, NH for Sale
$3,314,000 USD
Fast Food - FOR SALE
1/7
null | 6% Cap Rate

303 N Main St
Rochester, NH 03867


HIGHLIGHTS

  • Two Single-Tenant Freestanding Retail Pads | Options to Extend | Minimal Landlord Responsibilities
  • Strategic Retail Location | US Route 202 (40,700 VPD) Across From Home Depot Anchored Center
  • Affluent 6-Figure AHHI | Strong Demographics in 5-Mile Trade Area

OVERVIEW

• Offering includes a condominium interest in Pizza Hut and a ground lease with Dunkin’ Donuts. • Pizza Hut: 1+ year remaining on the current term with three (3) five-year options to extend. Options feature an 18.7% rent increase at the first option and 10% increases at the second and third options. • Dunkin’ Donuts: 3+ years remaining with two (2) five-year options to extend. • Both tenants operate under NNN leases, reimbursing pro-rata operating expenses and responsible for their own roof and structure—minimizing landlord responsibilities.

FOR SALE DETAILS

PRICE

$3,314,000 USD

PRICE/SF

$994 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Dunkin' & Pizza Hut

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

79

LAND DETAILS

LAND ACRES

3.6 AC

LAND SF

156,816 SF

ZONING

HC

APN/PARCEL ID

RCHE M:0114 B:0008 L:0002

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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Patrick LutherSRS National Net LeaseMore Info
480-221-4221

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