420 Daniel Webster HwyMerrimack, NH 03054

Property Details for 420 Daniel Webster Hwy

Year built

1997

Construction

STEEL FRAME

Lot size

3.40 AC

Property size (Sq ft)

11,520 SF

Zone code

C2- GE

Property type

Showrooms

APN

MRMK M:05D-4 L:000003 S:000001

APU

MRMKM05D4L000003S000001

Description

This exceptional 13,328-square-foot retail building, formerly a Rite Aid, is available for lease in Merrimack, New Hampshire. Located on 3 acres of land at 420 Daniel Webster Highway, this Class A property boasts excellent visibility and accessibility within the bustling Daniel Webster Highway retail corridor. The single-tenant building is currently vacant and offers ample parking for customers and employees. Its strategic location provides exceptional exposure to high traffic volume. The building itself is in excellent condition and features significant outdoor storage space, presenting opportunities for expansion or outdoor displays. Zoned C2 Commercial, this versatile property is suitable for a wide variety of retail and commercial uses. The property's prime location in the Daniel Webster Highway submarket cluster within Hillsborough County, New Hampshire (zip code 03054), ensures strong potential for business success. The site benefits from a signalized access point, further enhancing its convenience and appeal. This is a rare opportunity to secure a high-quality retail space in a thriving commercial area. Contact us today to learn more about leasing this exceptional property.

• CAP approach

  CAP return

  Valuation

  6%

  $2,799,762

  6.5%

  $2,584,396

  7%

  $2,399,796

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,793,112

  Geo Method

  $3,793,112

• Alternative Use

  Use

  Valuation

  Residential

  $2,180,034

  Hospitality

  $1,996,900

  Educational

  $1,661,397

  Medical

  $1,718,535

  Retail

  $2,584,396

Location Insight

City

Merrimack

County

Hillsborough

State

New Hampshire

Latitude

42.8591

Longitude

-71.4922

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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