880 Central St - Storefront FOR SALE


Franklin, NH 03235
$3,654,523 USD
617-202-4033
880 Central St, Franklin, NH for Sale
$3,654,523 USD
Storefront - FOR SALE
1/7
null | 7.8% Cap Rate

880 Central St
Franklin, NH 03235


HIGHLIGHTS

  • National Tenants
  • Diverse, E-Commerce Resistant Investment
  • Strong Income & Upside Potential
  • Strategic Location
  • Economic Drivers

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the Franklin Shopping Center located at 880 Central Street in Franklin, New Hampshire (the “Property”). The retail center contains 43,200 square feet of gross leasable area on 5.22 acres of land. The Property is comprised of twelve (12) units and is 96.28% occupied by several e-commerce resistant tenants with a complimentary mix of national retailers and local businesses offering products and services for the surrounding community. The center offers strong in-place income with additional upside through lease up of the 1,940 square-foot vacant unit. The Property is positioned along Central Street (US Route 3), one of the primary commercial corridors serving Franklin and the surrounding Lakes Region. The site offers strong visibility and convenient access along this well-traveled route, which provides direct connectivity south toward Concord and north to Tilton and Laconia. The Property benefits from its proximity to the Tilton retail hub, including Tanger Outlets Tilton and national anchors such as Walmart Supercenter and BJ's Wholesale Club, collectively driving significant regional consumer traffic. In addition, the location offers convenient access to Franklin’s downtown district and nearby residential neighborhoods, supporting consistent local and commuter-based demand.

FOR SALE DETAILS

PRICE

$3,654,523 USD

PRICE/SF

$85 USD /SF

CAP RATE

7.8%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.2 AC

LAND SF

226,512 SF

ZONING

Commercial

APN/PARCEL ID

FRKN-000147-000005

ASK ABOUT THIS PROPERTY

Jake MabardyHorvath & TremblayMore Info
617-202-4033

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Jake MabardyHorvath & TremblayMore Info
617-202-4033

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