Listed by GO Commercial
$498,000
8 Stiles Rd, Suite 106
Details
APN 96-7785
Property Type Retail
Sub Type Storefront, Strip Center
Square Footage 2,367
Cap Rate 8.00%
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 10/31/2027
Rent Bumps Yes
Lease Options 2
Price per SqFt $210
Year Built 1983
Buildings 1
Stories 1
Acreage 1.220
Zoning CI-B
Parking Spaces spaces
Investment Type Net Lease
Lease Commencement 05/01/2026
Ground Lease No
Retail | 8.00% CAP | 2,367 SqFt
Marketing description
Fully leased NNN commercial condo at 8 Stiles Rd, Suite 106 in Salem, NH. ParkWest Village is a 12-unit professional office condominium located at the lighted intersection of Stiles Road and Pelham Road. The tenant, MyEyeDr, a national eye care brand with 900+ locations, recently renewed their lease through October 2027, with two additional renewal options extending through April 2032. The lease is NNN with no landlord responsibilities and no management obligations.
Investment highlights
- Fully leased NNN commercial condo at 8 Stiles Rd, Suite 106 in Salem, NH
- ParkWest Village is a 12-unit condominium located at the lighted intersection of Stiles Road and Pelham Road
- The tenant, MyEyeDr, a national eye care brand with 900+ locations, recently renewed their lease through October 2027, with two additional renewal options extending through April 2032
- The lease is NNN with no landlord responsibilities and no management obligations
Listing Contacts
Listed by GO Commercial
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Zoning
CI-B MixedMixed UseCommercial Industrial B
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