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238 Meadow St
Littleton, NH 03561

$713,000

Freestanding For Sale  •  2,464 Sq Ft

Property Details

  • Property Type Freestanding
  • Total Building Size 2,464 Sq Ft
  • Lot Size 0.74 ac
  • Year Built 1981
  • Cap Rate 6.90 %
  • Tenancy Single
  • Zoning C-4
9 Transit Score
35 Walk Score

Description

The Pizza Hut is located directly along Meadow Street/US Highway, the primary retail thoroughfare serving the city of Littleton with over 11,000 vehicles passing by daily. The asset is also less than half a mile from Interstate 93 (7,800 VPD) with direct on/off ramp access, providing ease and convenience for residents living outside of town. The property features easy access and excellent visibility from a clear street pylon sign making it easily identifiable for passing cars. Pizza Hut is prominently located within 1-mile of major national/credit tenants such as Walmart, The Home Depot, Lowe’s Home Improvement, Shaw’s grocery, Tractor Supply Co., T.J. Maxx, Harbor Freight Tools, Walgreens, Rite Aid, Cumberland Farms, and more, increasing consumer traffic and promoting crossover shopping within the trade area. The 5-mile trade area is supported by a population of over 7,000 with an average household income of $69,000.

Highlights

New 5-Year Lease Extension | Strong Franchisee Guaranteed | Options to Extend | Annual 1% Increases
Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
Located Along Busy Local Thoroughfare | Interstate 93 | Large Pylon Sign | Excellent Access & Visibility
Part of Main Retail Corridor | Nearby Major National/Credit Tenants | Increases Consumer Traffic
Cap Rate: 6.90 %

Major Tenants

Tenant SF Occupied Lease End Date
Pizza Hut 2,464 SF

Amenities

  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 32
Type: Surface
Included in Rent: Yes
Sarah Shanks 502-442-7079 SRS NATIONAL NET LEASE GROUP
Sarah Shanks 502-442-7079 SRS NATIONAL NET LEASE GROUP