577 Mast Rd - Drug Store FOR SALE
Manchester, NH 03102 |
577 Mast Rd
Manchester, NH 03102
HIGHLIGHTS
- CORPORATE GUARANTEE - Income guaranteed by Rite Aid Corporation with over 2,400 locations.
- ABSOLUTE NET LEASE WITH 10% INCREASES IN THE OPTIONS - Lease operates on an absolute net basis with 10% increases every 10 years in the options.
- NEAR MANCHESTER WITH LIMITED COMPETITION - Located just 3.5 mi NW of Downtown Manchester and is the 2nd busiest Rite Aid in a 15-mi radius.
- ONE BLOCK FROM ±170,000 SHOPPING CENTER – One block from the subject property is Shaw's Plaza anchored by Big Lots, Dollar Tree and Planet Fitness.
- STRONG EMPLOYMENT NEARBY - Major employers in the area include Catholic Medical Center (2,000 employees) and Saint Anselm College (799 employees).
- SOLID DEMO AND HOUSEHOLD INCOME - Area demos include 133,768 residents with a median HH income of $67,149 within a 5-mi radius.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Rite Aid Manchester, NH Abs Net Increases
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
14673
STORIES
1
YEAR BUILT
2009
SPRINKLERS
-
PARKING SPACES
40
LAND DETAILS
LAND ACRES
-
LAND SF
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ZONING
-
APN/PARCEL ID
18 60
