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Walgreens 142 Loudon Rd

11,280 SF Retail Building Concord, NH 03301 £4,627,860 (£410.27/SF) 8.50% Net Initial Yield

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
£4,627,860
Price Per SF
£410.27
Net Initial Yield
8.50%
NOI
£393,368
Tenancy
Single
Number of Floors
1
Building FAR
0.18
Lot Size
1.41 AC
Zoning
CG
Parking
56 Spaces (4.96 Spaces per 1,000 SF Leased)
Frontage
306 ft on Loudon Rd

AMENITIES

  • Pylon Sign
  • Signage
  • Drive Thru

LINKS

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142 Loudon Rd, Concord, NH - AERIAL map view

NEARBY MAJOR RETAILERS

Friendly's Ice Cream Shop
Citizens Bank
Longhorn Steakhouse
Bangor Savings Bank
Aroma Joe's
TGI Fridays
Olive Garden
Starbucks
CrossFit
Applebee's

PROPERTY TAXES

Parcel Number CNCD-000117-000002-000008 Improvements Assessment £1,170,893
Land Assessment £552,808 Total Assessment £1,723,702

PROPERTY TAXES

Parcel Number
CNCD-000117-000002-000008
Land Assessment
£552,808
Improvements Assessment
£1,170,893
Total Assessment
£1,723,702
(248) 702-0288

CONTACTS

  • Listing ID: 33881330

  • Date on Market: 15/11/2024

  • Last Updated:

  • Address: 142 Loudon Rd, Concord, NH 03301

The Retail Property at 142 Loudon Rd, Concord, NH 03301 is currently available for sale. Contact Encore Real Estate Investment Services for more information.

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142 Loudon Rd, Concord, NH for sale Building Photo- Image 3 of 5
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142 Loudon Rd, Concord, NH for sale Aerial- Image 4 of 5
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Walgreens | 142 Loudon Rd
(248) 702-0288 x

Walgreens | 142 Loudon Rd

1/3

Deno Bistolarides

(248) 702-0288

(248) 702-0288

Nick Yaldo

(248) 924-5644

(248) 924-5644

Brent Hanna

(248) 702-0293

(248) 702-0293

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