695 Tenney Mountain Hwy - Freestanding FOR SALE


Plymouth, NH 03264
$1,300,000 USD
781-776-4003
695 Tenney Mountain Hwy, Plymouth, NH for Sale
$1,300,000 USD
Freestanding - FOR SALE
1/5
null | 7.41% Cap Rate

695 Tenney Mountain Hwy
Plymouth, NH 03264


HIGHLIGHTS

  • Site Commitment & Lease Term
  • Investment Grade Credit
  • Minimal Landlord Responsibilities
  • Strategic Location

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a freestanding Dollar Tree investment property located at 695 Tenney Mountain Highway in Plymouth, New Hampshire (the “Property”). The Property was constructed for Dollar Tree in 2006, and they have operated at this location since 2007. Currently, Dollar Tree has over a year remaining on their Double Net lease with one (1), 5-year renewal options. The lease features an attractive rental increase at the beginning of the renewal option. Dollar Tree is situated along Tenney Mountain Highway (NH-25), shadow-anchored by a Walmart Supercenter. The Property benefits from ample frontage and prominent signage along Tenney Mountain Highway and offers ample on-site parking. Tenney Mountain Highway is the primary retail corridor in Plymouth and is home to a number of national retailers and the town’s shopping centers. Notable draws to the area include the Walmart Supercenter, Market Basket, and Hannaford. Dollar Tree is 3 miles from Interstate 93 and US Route 3, as well as 3 miles from Downtown Plymouth and Plymouth State University. New Hampshire is an income tax free state.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$130 USD /SF

CAP RATE

7.41%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Dollar Tree

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.52 AC

LAND SF

153,331 SF

ZONING

ICD

APN/PARCEL ID

PLMH-000213-000009

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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