653 Elm St
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653 Elm St
1,886 SF Retail Building Milford, NH 03055 $825,280 CAD ($438 CAD/SF)
Executive Summary
Fully leased 1,886± SF restaurant building located near a prominent intersection on heavily trafficked Route 101 in Milford, NH. Low maintenance investment property with a solid tenant, Zizza Pizza, which has 6.5± years left on a 10-year lease with a 16% rental rate increase at the end of 2025. Large pylon signage and ample on-site parking. Recent upgrades include new plumbing, electrical, roof, and HVAC. Tenant is responsible for all expenses including utilities, taxes, insurance, plowing, landscaping, and more. Surrounding retailers include Market Basket, NH Liquor & Wine Outlet, Dunkin’, Dollar General, and more.
Property Facts Under Contract
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,886 SF
Building Class
B
Year Built/Renovated
1950/2022
Price
$825,280 CAD
Price Per SF
$438 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
0.76 AC
Zoning
ICI
Parking
18 Spaces (9.54 Spaces per 1,000 SF Leased)
Frontage
200 ft on Elm St
PROPERTY TAXES
| Parcel Number | MFRD-000013-000000-000002 | Improvements Assessment | $366,636 CAD |
| Land Assessment | $148,062 CAD | Total Assessment | $514,698 CAD |
PROPERTY TAXES
Parcel Number
MFRD-000013-000000-000002
Land Assessment
$148,062 CAD
Improvements Assessment
$366,636 CAD
Total Assessment
$514,698 CAD
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653 Elm St
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