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Investment Highlights

  • Corporate Lease | Tenant Just Exercised Final Option | Term Through 2031
  • Hard-Corner Site on Washington Street (Route 202) | Adjacent to Rochester Crossing
  • NNN | Fee Simple Ownership | Subject to Pending Parcel Subdivision
  • Strong Demographics In 5-Mile Trade Area

Executive Summary

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a Staples investment property located in Rochester, New Hampshire. Staples recently exercised its final five-year renewal option, extending the lease through December 31, 2031, demonstrating the tenant’s long-term commitment to the site. The property operates under an NNN lease, with landlord responsibilities limited primarily to roof and structural repairs, providing
a passive investment opportunity. In addition to the Staples lease, the property benefits from supplemental rental income generated by an on-site ATM pad lease. The property is currently undergoing a parcel subdivision that will separate the Staples property from the adjacent office building.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
23,338 SF
Building Class
B
Year Built
2008
Price
$6,834,921 CAD
Price Per SF
$292.87 CAD
Cap Rate
7.25%
NOI
$495,523 CAD
Tenancy
Single
Building Height
1 Story
Opportunity Zone
Yes
Zoning
HC - Highway Commercial
Parking
95 Spaces (4.07 Spaces per 1,000 SF Leased)
Frontage
319’ on Washington St

Amenities

  • Corner Lot
  • Dedicated Turn Lane
  • Freeway Visibility
  • Signage
  • Signalized Intersection
  • Monument Signage

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Staples began in 1986 as an office supply retailer founded by Leo Kahn and Thomas G. Stemberg, growing from a superstore concept built around everyday business needs. Today, Staples focuses on workspace products such as furniture, technology, cleaning products, and traditional office supplies, while also supporting customers with print and marketing services, shipping, recycling, and related in-store services. Staples also serves business customers with a broader workplace portfolio that includes office essentials, breakroom and janitorial products, technology, furniture, and print services. The company continues to position its business around helping organizations, remote workers, and consumers get work done across retail and digital channels.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Nearby Major Retailers

Buffalo Wild Wings
IHOP
Hannaford
Citizens
Aroma Joe's
Service Credit Union
Td Bank

Property Taxes

Property Taxes

Parcel Number
RCHE-000123-000078
Land Assessment
$1,122,241 CAD
Improvements Assessment
$3,939,472 CAD
Total Assessment
$5,061,713 CAD
  • Listing ID: 41562619

  • Date on Market: 2026-08-05

  • Last Updated:

  • Address: 125 Washington St, Rochester, NH 03839

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