8,000 SF Retail; Traffic Circle; For Sale/Lease

Retail-Commercial for Sale
Catylist Listing ID: 29936965
Property Subtypes: Free-Standing Building, Other
Condo? Yes
Building Size (RSF): 8,000 SF
Gross Building Area: 14,500 SF
Gross Land Area: 8.48 Acres
Sale Price: $699,000
Property Use Type: Vacant/Owner-User
Usable Size (USF): 8,000 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2018

Overview / Comments

RETAIL PROPERTY FOR SALE OR LEASE
8,000 ± SF - LEE TRAFFIC CIRCLE (RT 4)

Strategically located at the crossroads of Routes 4 and
125, the Lee Traffic Circle, one of the Busiest in the
state, is an active Retail Destination.
This major intersection links Rochester/Epping/
Plaistow with Concord/Manchester/Portsmouth.

- Zoned: Commercial
- 8,000 ± SF Turnkey Space With 80’ Frontage
- 55 Parking Spaces
- 29,000 VPD
- Directly Across RT 4 from Market Basket Plaza
- Adjacent to Friend-Lee Pets and McDonalds
- Proximate to Wentworth-Douglass Urgent Care
- 3.8 Miles from University of NH

2013 Demographics
Population:
1 miles 5,747
3 miles 7,869
5 miles 27,771

Household Income:
1 miles $63,478
3 miles $66,478
5 miles $77,094

Additional Details

Nearest MSA: Boston-Cambridge-Newton
County: Strafford
Tax ID/APN: Map 7, Lot 4
Is Condo?: Yes
Zoning: COMMERCIAL
Market Type: Rural
Retail Clientele: General, Family, Traveler, Tourist, Recreation
Property Located Between: Directly across from Market Basket Plaza at the Lee Traffic Circle
Road Type: Paved, 2-Track
Property Visibility: Excellent
Largest Nearby Street: on Route 4 at route 125
Feet of Frontage: 80
Traffic/Vehicle Count: 11,000
Highway Access: Routes 4 and 125, second busiest rotary in NH (39,000 vpd)
Site Description: 8,000 sq ft commercial condo on 8.48 acres Available Immediately For Sale or Lease, located on the Lee Traffic Circle
Area Description: The Lee Traffic Circle is dominated by national and regional retail powerhouses such as Market Basket, Walgreens, McDonald's, Wendy's, Wentworth-Douglas Express Care and several more quality businesses
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 2010
Roof Type: Other
Construction/Siding: Vinyl Siding
Total Parking Spaces: 55
Parking Type: Surface
Parking Description: on site 55 parking spaces
Heat Type: Propane
Air Conditioning: Other
Interior Description: 14' high ceiling
Zoning Description: Commercial
Lot Frontage: 80' for unit
Water Service: Well
Sewer Type: Septic
Easements: Utilities
Legal Description: 8.48 acres

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 9,896 34,148
Median Age: 32.56 33.43
Households: 2,410 10,164
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