88 Nh 101a - Retail FOR SALE


Amherst, NH 03031
$1,500,000 USD
203-887-8797
88 Nh 101a, Amherst, NH for Sale
$1,500,000 USD
Retail - FOR SALE
1/2
null | 6% Cap Rate

88 Nh 101a
Amherst, NH 03031


HIGHLIGHTS

  • Brand New 20-Year Absolute Triple-Net Sale Leaseback | This Meineke is subject to a 20-year sale leaseback upon close of escrow
  • Strong Guarantor from Etium Automotive Services Investors, LLC | Etium Automotive Investors, LLC is guaranteeing the lease
  • 2% Annual Rent Increases | This Meineke lease will be subject to 2% annual rental increases providing a strong hedge against inflation

OVERVIEW

Surmount is pleased to present the exclusive listing for a Meineke Car Care Center located at 88 New Hampshire 101A, Amherst, New Hampshire 03031. The site consists of roughly 4251 rentable square feet of building space on an estimated 0.86-acre parcel of land. This Meineke Car Care Center is subject to a 20-year Triple Net (NNN) lease, which will commence upon close of escrow. The annual rent will be $90,000 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$353 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Meineke Car Care Sale-Leaseback

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

AMHS-000002-000063

ASK ABOUT THIS PROPERTY

Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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Anthony D'AmbrosiaSurmountMore Info
203-887-8797

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