Planet Fitness & DXL | 281 Daniel Webster Hwy
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Planet Fitness & DXL 281 Daniel Webster Hwy
27,403 SF 100% Leased Retail Building Nashua, NH 03060 $10,335,000 ($377/SF) 6.35% Cap Rate
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
$10,335,000
Price Per SF
$377
Cap Rate
6.35%
NOI
$656,264
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.28
Lot Size
2.22 AC
Zoning
HB
Parking
200 Spaces (7.3 Spaces per 1,000 SF Leased)
Frontage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | NASH-000000-000000-000975A | Improvements Assessment | $1,987,800 |
Land Assessment | $3,315,300 | Total Assessment | $5,303,100 |
PROPERTY TAXES
Parcel Number
NASH-000000-000000-000975A
Land Assessment
$3,315,300
Improvements Assessment
$1,987,800
Total Assessment
$5,303,100
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Planet Fitness & DXL | 281 Daniel Webster Hwy
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