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782 S Willow St

3,366 SF Retail Building Manchester, NH 03103 For Sale 4.75% Net Initial Yield

Investment Highlights

  • Submit NDA for Offering Memorandum.
  • 15-year corporate signed ground lease with built in rent increases, options to extend, and zero landlord responsibilities

Executive Summary

Brand new Raising Cane’s on a 15-year corporate signed ground lease with built in rent increases, options to extend, and zero landlord responsibilities in income tax free New Hampshire. 3,366± SF retail/restaurant building on 1.49± acres with double drive-thrus fronting South Willow Street, Manchester’s top retail corridor with a traffic count of 21,047± AADT per NHDOT 2023. Raising Cane’s is one of the fastest growing restaurant brands with 750+ restaurants currently operating and plans to aggressively grow its footprint. Less than 1 mile from I-293, The Mall of New Hampshire, BJ’s, Walmart Supercenter, and surrounded by retail developments.
Submit NDA for Offering Memorandum.

Attachments

Flyer & NDA

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,366 SF
Building Class
C
Year Built
2024
Net Initial Yield
4.75%
Tenancy
Single
Number of Floors
1
Building FAR
0.05
Lot Size
1.49 AC
Zoning
B-2 - General Business
Parking
19 Spaces (5.64 Spaces per 1,000 SF Leased)
Frontage
101 ft on S Willow St

Amenities

  • Restaurant
  • Drive Thru
  • Monument Signage
Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Golden Corral
Citizens Bank
The Zoo Health Club
Digital Federal Credit Union
Aroma Joe's
Hannaford
BJ's Wholesale Club
Starbucks
Santander
Five Guys

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
MNCH-000553-000000-000002
Land Assessment
£610,155
Improvements Assessment
£556,791
Total Assessment
£1,166,946
  • Listing ID: 33551273

  • Date on Market: 17/10/2024

  • Last Updated:

  • Address: 782 S Willow St, Manchester, NH 03103

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