Family Dollar & Nault's Powersports 130 W Hancock St 10,618 SF 100% Leased Retail Building Manchester, NH 03102 $2,145,594 ($202.07/SF) 7.15% Cap Rate
INVESTMENT HIGHLIGHTS
- Long-Term Tenant & Recent Lease Extension | Family Dollar has been at this location since 2012
- Investment Grade Credit | Family Dollar is guaranteed by Dollar Tree Stores, Inc., which exceeded $30.6 billion of revenue in 2024
- Minimal Landlord Responsibilities | Both Family Dollar and Nault's Powersports have net leases with minimal Landlord responsibilities
EXECUTIVE SUMMARY
NNN Pro is pleased to present the exclusive listing for a Family Dollar & Nault's Powersports located at 130 West Hancock Street, Manchester, New Hampshire 03102. The site consists of roughly 10618 rentable square feet of building space on an estimated 0.75-acre parcel of land. This Family Dollar & Nault's Powersports is subject to a 18-year Triple Net (NNN) lease, which commenced 2/1/2012. The current annual rent is $153,410 and has scheduled increases of 10.00% At Start of Each Option Period.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
10,618 SF
Building Class
C
Year Built
1963
Price
$2,145,594
Price Per SF
$202.07
Cap Rate
7.15%
NOI
$153,410
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.33
Lot Size
0.75 AC
Parking
25 Spaces (2.35 Spaces per 1,000 SF Leased)
Frontage
185’ on W Hancock St
AMENITIES
- 24 Hour Access
Walk Score®
Very Walkable (79)
Bike Score®
Very Bikeable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | MNCH-000323-000000-000015 | Improvements Assessment | $642,400 |
| Land Assessment | $260,500 | Total Assessment | $902,900 |
