This exceptional investment opportunity presents a 14,550-square-foot Walgreens pharmacy located at 4 Sanborn Rd, Tilton, NH 03276. Boasting a prime retail location just 500 feet from Interstate 93, this property benefits from significant daily traffic volume exceeding 33,000 vehicles on Route 3 and Sanborn Road. The property sits on a 1.97-acre lot and was constructed in 2008. The building is currently 100% occupied under a 25-year absolute NNN lease, with a remaining term of approximately 8.6 years, expiring June 29, 2033. The lease commenced June 30, 2008. The property generates a strong net operating income (NOI) of $515,000, resulting in an attractive 7.75% capitalization rate. This location is surrounded by a robust mix of national retailers, including Home Depot, Lowe's, Walmart, Tangier Outlets, Dunkin', Taco Bell, McDonald's, and Market Basket, ensuring high visibility and consistent customer traffic. The asking price for this exceptional retail investment is $6,645,162. This is a rare opportunity to acquire a high-performing, long-term leased asset in a thriving retail corridor. The property's strong tenant, excellent location, and substantial remaining lease term make it an ideal addition to any investment portfolio.
Highlights
14,550 SF Walgreens pharmacy on a 1.97-acre lot at 4 Sanborn Rd, Tilton, NH.
Prime retail location, 500 feet from I-93, with over 33,000 vehicles daily.
Built in 2008, 100% occupied under a 25-year absolute NNN lease with ~8.6 years remaining (expiring 6/29/2033).
The property is located at 4 Sanborn Rd Tilton, NH.
What is the asking price?
The asking price for this property is $6,645,162.
What are key features of this property?
This property features: 14,550 SF Walgreens pharmacy on a 1.97-acre lot at 4 Sanborn Rd, Tilton, NH.; Prime retail location, 500 feet from I-93, with over 33,000 vehicles daily.; Built in 2008, 100% occupied under a 25-year absolute NNN lease with ~8.6 years remaining (expiring 6/29/2033).
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Contacts
James Harrison
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Sanborn Rd Tilton, NH 03276
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Sanborn Rd Tilton, NH 03276
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4 Sanborn Rd
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