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Walgreens 142 Loudon Rd 11,280 SF Retail Building Concord, NH 03301 $8,375,520 CAD ($742.51 CAD/SF) 8.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute Net Lease | Zero Landlord Responsibilities
- RARE Walgreens Lease With 5% Increases Every 10 Years
- Hard Corner Signalized Intersection I High Volume Traffic Location | Combined Traffic Counts Boast 38,556 VPD+
- 8+ Years Remaining On The Original 25-Year Term
- Prototypical Free-Standing Walgreens with Drive-Thru
- Multiple Access Points I Accessible From Loudon Rd and Canterbury Rd | High Visibility Along Main Retail Corridor
EXECUTIVE SUMMARY
ABSOLUTE NET LEASE | RARE 5% INCREASES IN BASE TERM & OPTIONS
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,280 SF
Building Class
B
Year Built
2008
Price
$8,375,520 CAD
Price Per SF
$742.51 CAD
Cap Rate
8.50%
NOI
$711,919 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.41 AC
Zoning
CG
Parking
56 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | CNCD-000117-000002-000008 | Improvements Assessment | $2,130,028 CAD |
| Land Assessment | $1,005,640 CAD | Total Assessment | $3,135,668 CAD |
PROPERTY TAXES
Parcel Number
CNCD-000117-000002-000008
Land Assessment
$1,005,640 CAD
Improvements Assessment
$2,130,028 CAD
Total Assessment
$3,135,668 CAD
CONTACTS
-
Deno Bistolarides -
Nick Yaldo -
Brent Hanna -
Encore Real Estate Investment Services
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Walgreens | 142 Loudon Rd
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