$3,950,000
$3,950,000
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2.05 Acres Lot
SOLD DATE : 02/04/2022
Key Details
Sold Price $3,950,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 72795281
Sold Date 02/04/22
Year Built 1998
Annual Tax Amount $56,952
Tax Year 2020
Lot Size 2.050 Acres
Acres 2.05
Property Description
NNN Rite Aid Pharmacy for sale with a base lease term through July 31, 2028, plus 8 x 5-year options. Rent escalates 10% every 10 years with an in-place NOI of $248,270. This Rite Aid is the closest pharmacy to Elliot Hospital, founded in 1890, which is one of two hospitals in tax-free Manchester, New Hampshire. Convenient double drive-thru made this essential retailer easy to access for patients and customers as well as a 2+ acre lot featuring over 117 parking spaces.
Location
State NH
County Hillsborough
Zoning NA
Direction 270 Mammoth Road
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Bought with Jeremy Cyrier • Mansard Commerical Properties
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "