For Sale
Call for price
379 Amherst StNashua, NH 03063
High-Yield Retail Investment Opportunity
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 115
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
379 Amherst St, Nashua, New Hampshire
Nearby Similar for Sale
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