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Pennichuck Square 705-709 Milford Rd 4,500 SF of Retail Space Available in Merrimack, NH 03054
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 5AB | 4,500 SF | 3 Years | $28.14 CAD/SF/YR $2.34 CAD/SF/MO $126,630 CAD/YR $10,552 CAD/MO | Triple Net (NNN) |
707 Milford Rd - 1st Floor - Ste 5AB
Unit 5AB offers a spacious showroom-style retail space in the center of Pennichuck Square. The open layout provides flexibility for a wide range of retail, showroom, fitness, specialty service, or customer-facing concepts. Four large storefront windows bring in abundant natural light and create strong visibility within the shopping center, while a dock-height loading door provides convenient access for deliveries, inventory, and larger merchandise. Positioned in a prominent central location among an established mix of restaurants, retailers, and service businesses, Unit 5AB offers an excellent opportunity for a business seeking visibility, functionality, and accessibility along Merrimack’s busy Route 101A corridor
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at Pennichuck Square
- Tenant
- Description
- US Locations
- Reach
- ATA Martial Arts of Merrimack
- Fitness
- 616
- International
- El Tapatio
- Restaurant
- 1
- -
- M&T Bank
- Finance Company
- 549
- International
- Naticook Veterinary Hospital
- -
- 1
- -
- Sister Massage
- -
- 1
- -
- Sundance Spas NH
- Health & Beauty Aids
- 1
- -
| Tenant | Description | US Locations | Reach |
| ATA Martial Arts of Merrimack | Fitness | 616 | International |
| El Tapatio | Restaurant | 1 | - |
| M&T Bank | Finance Company | 549 | International |
| Naticook Veterinary Hospital | - | 1 | - |
| Sister Massage | - | 1 | - |
| Sundance Spas NH | Health & Beauty Aids | 1 | - |
Property Facts
| Total Space Available | 4,500 SF | Frontage | 620’ on Milford Rd |
| Center Type | Neighborhood Center | Gross Leasable Area | 44,495 SF |
| Parking | 170 Spaces | Total Land Area | 9.92 AC |
| Stores | 2 | Year Built | 1982 |
| Center Properties | 3 |
| Total Space Available | 4,500 SF |
| Center Type | Neighborhood Center |
| Parking | 170 Spaces |
| Stores | 2 |
| Center Properties | 3 |
| Frontage | 620’ on Milford Rd |
| Gross Leasable Area | 44,495 SF |
| Total Land Area | 9.92 AC |
| Year Built | 1982 |
About the Property
Pennichuck Square is strategically located along the busy Route 101A retail corridor in Merrimack, NH, near the Nashua and Amherst town lines. The center benefits from excellent visibility, strong daily traffic, and convenient access from a signalized intersection. Its central location provides easy connectivity to major highways, including the Everett Turnpike and Route 3, while placing businesses just minutes from the Merrimack Premium Outlets and the region’s many shopping, dining, and service destinations. Surrounded by established neighborhoods and a strong mix of national and local businesses, Pennichuck Square offers an accessible and highly visible location for customers throughout Southern New Hampshire. Pennichuck Square is a well-established neighborhood shopping center positioned along the heavily traveled Route 101A retail corridor in Merrimack, NH, near the Nashua and Amherst town lines. The center offers excellent visibility, prominent signage opportunities, ample on-site parking, and convenient access through a signalized intersection. Pennichuck Square features a vibrant mix of restaurants, specialty retailers, personal services, entertainment, and professional businesses that generate consistent daily traffic. Current tenants include M&T Bank, Georgio’s Ristorante & Bar, El Tapatio, Naticook Veterinary Hospital, Lanna Asian Market, Crèmeux Pastry & Coffee, The Line Golf Simulators, Junction 71, ATA Martial Arts, NV Nail Spa, The Polished Man, and other established local businesses. The center is easily accessible from Route 3 and the Everett Turnpike and is located minutes from the Merrimack Premium Outlets, major retailers, residential neighborhoods, and surrounding Southern New Hampshire communities. Pennichuck Square provides businesses with a highly visible location, strong regional access, and the opportunity to join a successful and diverse tenant mix.
- Air Conditioning
- Atrium
- Banking
- Bus Line
- Corner Lot
- Freeway Visibility
- Property Manager on Site
- Signage
- Monument Signage
Nearby Major Retailers
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Pennichuck Square | 705-709 Milford Rd
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