For Sale
Request a price379 Amherst St Nashua, NH 03063
High-Yield Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- Off-market grocery-anchored retail centers with strong performance, even during the pandemic.
- Attractive entry cap rates around 7%.
- Significant value-add potential through lease-up and lease renegotiation.
- Potential for double-digit cap rates within two years.
- High-teens IRR achievable through debt financing, outperforming current interest rates.
- Net Operating Income (NOI) ranging from $2M to $6M+ per center.
Property Details for 379 Amherst St
- Property type
- Retail properties, Drug stores
- Square Feet
- 100,000 SF
- Class
- B
- Year Built/Renovated
- 1995/2005
- Lot Size (sq. ft)
- 435,600 SF
Location Insight
- City
- Nashua
- County
- Hillsborough
- State
- New Hampshire
- Latitude
- 42.7862368
- Longitude
- -71.5086391
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Retail Investment Opportunity
- Where is the retail property located?
- The property is located at 379 Amherst St Nashua, NH.
- What are key features of this property?
- This property features: Off-market grocery-anchored retail centers with strong performance, even during the pandemic.; Attractive entry cap rates around 7%.; Significant value-add potential through lease-up and lease renegotiation.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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