283 Willow St Manchester, NH 03103
Manchester, NH: NNN Lease, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 138
Highlights
- $1,624,000 asking price, 6.50% cap rate.
- Long-term NNN lease with recent extension, expiring October 31, 2033.
- Absolute NNN lease; zero landlord responsibilities.
- Strong tenant: MC, LLC, a major Jiffy Lube operator with 100+ locations.
- 10% rent increases every five years.
- Corner lot with high visibility on S Willow St and Alpheus St.
Property Details for 283 Willow St
- Property type
- Retail properties, Gas stations
- Square Feet
- 2,070 SF
- Year Built
- 2004
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 20,038 SF
- Units
- 1
Location Insight
- City
- Manchester
- County
- Hillsborough
- State
- New Hampshire
- Latitude
- 42.9694915
- Longitude
- -71.4538184
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Manchester, NH: NNN Lease, High ROI
- Where is the retail property located?
- The property is located at 283 Willow St Manchester, NH.
- What is the asking price?
- The asking price for this property is $1,624,000.
- What are key features of this property?
- This property features: $1,624,000 asking price, 6.50% cap rate.; Long-term NNN lease with recent extension, expiring October 31, 2033.; Absolute NNN lease; zero landlord responsibilities.
- 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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