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- LoopNet Team
606 Valley St
Manchester, NH 03103
Retail Property For Sale
PROPERTY FACTS
Amenities
- Pylon Sign
- Drive Thru
About 606 Valley St , Manchester, NH 03103
The property is leased to Walgreens with a parent corporation guaranty from Walgreens, Corp. The lease is triple net with the tenant responsible for taxes, insurance and maintenance and the landlord is responsible for repairing and/or replacing structural portions of the roof and structure. The base term of the lease was 20 years and the tenant extended an additional 10 years bringing the current term out to 2028 and providing an investor with over nine years of term before the option periods begin. There is also a 17% rent increase at the first option in 2029.
PROPERTY TAXES
| Parcel Number | MNCH-000128-000000-000019 | Improvements Assessment | $1,491,100 |
| Land Assessment | $335,500 | Total Assessment | $1,826,600 |
PROPERTY TAXES
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