Manchester, New Hampshire, is an attractive location for investors seeking to purchase a Shopping Center, with its rich history, diverse economy, and strong infrastructure. Shopping Centers in Manchester offer a unique investment opportunity, providing a stable source of income through rental properties, as well as potential for long-term appreciation in value. These properties can represent a range of investments, from small strip centers to large regional malls, each with its own characteristics and benefits. Manchester's amenities, infrastructure, location, education, and geography make it an ideal place to invest in a Shopping Center. The city is home to notable institutions such as Southern New Hampshire University, Elliot Hospital, and Catholic Medical Center, as well as major corporations like Eversource Energy and TD Bank. Additionally, Manchester's proximity to Boston, Massachusetts, and its international airport, make it an attractive location for businesses and travelers alike.
With 2 Shopping Centers for sale in Manchester, investors have a range of options to choose from. The average price per square foot for these properties is $141 USD, with an average size of 141,923 square feet, and a largest size of 169,988 square feet. The average cap rate for these properties is 6%. In addition to Shopping Centers, Manchester also offers a range of other property types, including Restaurants, with their unique blend of food, atmosphere, and entertainment; Specialty Properties, which can provide a niche investment opportunity; Land, for those looking to develop or hold for future use; and Office Properties, which can offer a stable source of income through rental properties. Each of these property types has its own characteristics and benefits, and can be a valuable addition to an investment portfolio. Overall, Manchester's diverse economy, strong infrastructure, and range of property types make it an attractive location for investors.
What is the average cap rate for shopping centers in Manchester?
The average cap rate for shopping centers in Manchester is 6%, making it an attractive option for investors seeking stable returns in a city with a strong economy and diverse range of industries.
