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880 Central Street Franklin NH 03235880 Central Street Franklin NH 03235880 Central Street Franklin NH 03235880 Central Street Franklin NH 03235880 Central Street Franklin NH 03235880 Central Street Franklin NH 03235880 Central Street Franklin NH 03235
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  • 43,200Square Feet
For Sale. 11-unit community shopping center. 43,200 square feet on 5.20 acres. 220 parking spaces. NOI of $234,300. Cap Rate of 8.68%. Cash on Cash return of 15.33% year 1. Excellent mix of National, Regional, Local retailers and services, most long term. Entire roof replaced in 2009 and most roof top HVAC units have been replaced within last 9 years. Located at a lighted intersection on Route 3 in Franklin, NH (Exit 20 off Route 93) anchored by Auto Zone, Rent-A-Center, Aubuchon Hardware, Snap Fitness, NH State Liquor Store plus laundromat, restaurant, nail salon and medical clinic.. Approximately 435' frontage on Route 3 with large Pylon Sign. Approximately 20,000 VPD traffic count. CVS is located directly across the street with nearby retailers including McDonalds, Citizens Bank, Dunkin Donuts, Family Dollar, Hannafords Supermarket with Franklin Regional Hospital nearby. Steady, stable cash flow. Zoning is B1. Future pad site potential.
Listed by Nicholas Coppola of Coppola Properties

Listing Sold by Coppola Properties

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More Info

Basic Information

  • Gross Income $368,415
  • Mls StatusSold
  • Parcel Number 242335

Building

  • Building Area Units Square Feet
  • Utilities Public Water, Public Sewer, Natural Gas Available
  • Year Built1960

Property Information

  • Living Area 43,200
  • Lot Size Square Feet 227,383
  • Lot Size Units Acres
  • Square Feet43,200

Tax Information

  • Tax Year 2019
  • Taxes$45,765

Location

  • Address880 Central Street
  • Building Number880
  • CountyMerrimack
  • StateNH
  • StreetCentral Street
  • TownFranklin
  • Zip03235

Other

  • Date Listed08/06/2019
  • Farm Land Area Units Square Feet

Basic Information

  • GO-List Price$2,700,000
  • MLS Number72545845
  • Modification Date08/04/2022
  • Purchase Contract Date12/08/2019
  • Sale Date12/09/2019
  • Sale Price$2,625,000

Property

  • Acreage5.22

The property listing data and information, or the Images, set forth herein were provided to MLS Property Information Network, Inc. (MLSPIN) from third party sources, including sellers, lessors and public records, and were compiled by MLSPIN. The property listing data and information, and the Images, are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLSPIN and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information, or as to the accuracy of any of the Images, set forth herein.

I agree to receive marketing and customer service calls and text messages from Levi Test Cloner2. To opt out, you can reply 'stop' at any time or click the unsubscribe link in the emails. Consent is not a condition of purchase. Msg/data rates may apply. Msg frequency varies. Privacy Policy.

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