571 Nashua St - Drug Store FOR SALE


Milford, NH 03055
$4,742,400 USD
480-252-0226
571 Nashua St, Milford, NH for Sale
$4,742,400 USD
Drug Store - FOR SALE
1/3
null | 6.25% Cap Rate

571 Nashua St
Milford, NH 03055


HIGHLIGHTS

  • Long-Term NNN Lease
  • Scheduled Rental Increases
  • Strong National Tenant
  • Attractive Rent and Building Size

OVERVIEW

Surmount is pleased to present the exclusive listing for a Walgreens located at 571 Nashua Street, Milford, NH 03055. The site consists of roughly 14,734 rentable square feet of building space on an estimated 2.09-acre parcel of land. This Walgreens is subject to a 15-year Triple Net (NNN) lease, which commenced 2/22/2024. The current annual rent is $296,400 and has scheduled increases of 5.00% every 5 years.

FOR SALE DETAILS

PRICE

$4,742,400 USD

PRICE/SF

$322 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.09 AC

LAND SF

91,040 SF

ZONING

ICI

APN/PARCEL ID

MFRD-000044-000013-000001

ASK ABOUT THIS PROPERTY

Jonathan EckerdSurmountMore Info
480-252-0226

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Jonathan EckerdSurmountMore Info
480-252-0226

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