255 Amherst StNashua, NH 03063

  • Retail properties
  • 130,178 SF
For Lease

Property Details for 255 Amherst St

Year built
1969
Construction
CONCRETE
Lot size
11.07 AC
Property size (Sq ft)
130,178 SF
Zone code
GB
Property type
Retail properties
Property subtype
Super regional malls
APN
NASH M:G L:00008
APU
NASHMGL00008

Description

This exceptional single-tenant retail property, Turnpike Plaza, located at 255 Amherst St in Nashua, New Hampshire, offers a substantial 21,811 square feet of space currently available for lease. Situated in Hillsborough County, this property boasts a highly desirable location with convenient access for customers and employees alike. The building's ample size presents a unique opportunity for a variety of retail businesses seeking a prominent presence in the Nashua market. With 545 parking spaces, ample customer parking is guaranteed, ensuring a convenient shopping experience. The property is classified as a commercial retail space and is currently entirely vacant, providing a blank canvas for a prospective tenant to customize the space to their specific needs. The property's address is 255 Amherst St, Nashua, NH 03063. The geographic coordinates are latitude 42.7803079 and longitude -71.4954227. This presents a rare opportunity to secure a significant retail footprint in a thriving New Hampshire community. The property's size and parking capacity make it ideal for a large-scale retailer or a business requiring extensive space. Interested parties are encouraged to inquire further to explore the possibilities this exceptional property offers.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $31,637,798
    6.5%
    $29,204,122
    7%
    $27,118,112
  • Comparable approach

    Method
    Valuation
    Relative Method
    $42,862,824
    Geo Method
    $42,862,824
  • Alternative Use

    Use
    Valuation
    Residential
    $24,634,770
    Hospitality
    $22,565,316
    Educational
    $18,774,078
    Medical
    $19,419,748
    Retail
    $29,204,122
255 Amherst St, Nashua, New Hampshire

Location Insight

City
Nashua
County
Hillsborough
State
New Hampshire
Latitude
42.78
Longitude
-71.4956
CBSA code
31700
CBSA name
MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$361,156
$7,375,700
$12,435,400
$19,811,100
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-
-
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