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Planet Fitness & DXL 281 Daniel Webster Hwy

27,403 SF 100% Leased Retail Building Nashua, NH 03060 £8,154,315 (£298/SF) 6.35% Net Initial Yield

Investment Highlights

  • Two-Tenant Retail Shopping Center Occupied by Planet Fitness & DXL
  • A+ Location in Center of Daniel Webster Highway Retail Corridor
  • Both Planet Fitness & DXL are Corporate Tenants | Rare for Planet Fitness
  • Weighted Average Lease Term Remaining of 8.65 Years

Executive Summary

NNN Pro Group is pleased to present the exclusive listing for a Planet Fitness & DXL located at 281 Daniel Webster Hwy in Nashua, New Hampshire. The site consists of roughly 27,403 rentable square feet of building space on estimated 2.22-acre parcel of land. Both Planet Fitness and DXL are subject to recently signed and extended double-net (NN) corporate leases with a weighted average lease term remaining of 8.65 Years!

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
27,403 SF
Building Class
B
Year Built
1998
Price
£8,154,315
Price Per SF
£298
Net Initial Yield
6.35%
NOI
£517,792
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.28
Land Acres
2.22 AC
Zoning
HB
Parking
200 Spaces (7.3 Spaces per 1,000 SF Leased)
Frontage
135 ft on Daniel Webster Hwy

Nearby Major Retailers

Buffalo Wild Wings
Chili's
Red Robin Gourmet Burgers
Starbucks
Sarku Japan
Citizens Bank
DeMoulas Market Basket
Five Guys
Longhorn Steakhouse
Chase

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
NASH-000000-000000-000975A
Land Assessment
£2,619,120
Improvements Assessment
£1,570,382
Total Assessment
£4,189,502
  • Listing ID: 32694623

  • Date on Market: 05/08/2024

  • Last Updated:

  • Address: 281 Daniel Webster Hwy, Nashua, NH 03060

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