Merrimack Commons

Shopping Center for Sale
Also listed as Retail-Commercial
Catylist Listing ID: 30298771
Property Subtypes: Neighborhood Center, Strip Center
Building Size (RSF): 86,136 SF
Gross Land Area: 13.23 Acres
Sale Price: $5,300,000
Unit Price: $61.53 PSF
Property Use Type: Investment, Vacant/Owner-User
Building Name: 515 Daniel Webster Hwy
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 8/9/2018

Overview / Comments

Prolman Realty, Inc. is pleased to announce they have been selected to market for sale Merrimack Commons, an 86,136 square foot neighborhood shopping center anchored by Tractor Supply, Dollar Tree and FitLab situated on 13.23 acres. According to Mark Prolman, “the center is located across from the Merrimack Post Office at a signalized intersection and offers an attractive opportunity to redevelop the existing center as well as the ability to expand.” Merrimack Commons is being offered at $5.3 million or $61 per square foot and is ideal for a developer looking to “add value” or a retailer who elects to occupy the vacant or expanded space.

Additional Details

Nearest MSA: Manchester-Nashua
County: Hillsborough
Tax ID/APN: 06139-0005D2-00C002-000000
Zoning: PRD OVERLAY DISTRICT
Retail Clientele: General, Family
Property Located Between: On D.W. Hwy and between Exit 11 and Exit 12 off the Everett Tpk.
Property Visibility: Excellent
Airports: Manchester, NH or Boston
Total Number of Buildings: 2
Number of Stories: 1
Total Parking Spaces: 590
Lot Frontage: 921

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,349 28,280 62,840
Median Age: 40.26 39.71 40.46
Households: 2,093 10,227 22,491
The information presented herein is provided as is, without warranty of any kind. Neither New England Commercial Property Exchange nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.