707 Huse Road
Retail | 107,509 SqFt
Marketing description
Colliers is pleased to present for sale 707-725 Huse Road, a 107,509 SF big-box retail asset located in Manchester, New Hampshire. The property is 100% leased to a diversified tenant mix and situated on approximately 12 acres along New Hampshire's premier retail corridor. Anchored by Planet Fitness, the property also benefits from strong complementary traffic generated by Chunky's Cinema & Pub, Cowabunga's, and Remix Event Center, creating a dynamic, high-traffic retail and entertainment destination.
The property is secured by triple-net (NNN) leases with a remaining Weighted Average Lease Term (WALT) of over 8.5 years, offering investors stable, long-term cash flow. In addition to the stability provided by the property's in-place income, the asset presents a compelling value-add opportunity through permitted development of 30 apartment units and approximately 6,200 square feet of additional ground-floor retail space.
Strategically positioned between Interstate 93 and Interstate 293, and in close proximity to Manchester-Boston Regional Airport, the Property benefits from exceptional regional accessibility and strong surrounding demand drivers. The asset is directly adjacent to The Mall of New Hampshire, a dominant regional retail destination that attracts nationally recognized retailers and further enhances the strength and visibility of 707-725 Huse Road.
Investment highlights
- 100% LEASED TO COMMUNITY-FOCUSED, EXPERIENTIAL-BASED TENANTS
- Property Leased to Four Tenants
- LONG TERM INCOME VISIBILITY
- 8.5+ YEAR WALT
- 100% NNN Structure
- PREMIER URBAN RETAIL LOCATION
- Located in the Heart of New Hampshire's Largest Retail Corridor
- ADDITIONAL DEVELOPMENT UPSIDE PERMITTED
- Residential and Additional Retail Permitted
- OFFERED AT A MEANINGFUL DISCOUNT TO REPLACEMENT COST
- Situated in a Supply Constrained Area
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