Rochester, NH - Staples

Description:

SRS National Net Lease is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a Staples investment property located in Rochester, New Hampshire. Staples recently exercised its final five-year renewal option, extending the lease through December 31, 2031, demonstrating the tenant’s long-term commitment to the site. The property operates under an NNN lease, with landlord responsibilities limited primarily to roof and structural repairs, providing a passive investment opportunity. In addition to the Staples lease, the property benefits from supplemental rental income generated by an on-site ATM pad lease. The property is currently undergoing a parcel subdivision that will separate the Staples property from the adjacent office building.

The property is strategically positioned along Washington Street (Route 202), a primary retail corridor with convenient access to the Spaulding Turnpike, providing a combined traffic count of approximately 50,300 vehicles per day. The asset is adjacent to Rochester Crossing, a Lowe’s, and Kohl’s-anchored regional shopping center featuring numerous national retailers including PetSmart, Dollar Tree, Mattress Firm, Buffalo Wild Wings, Verizon, and IHOP. Additional nearby retailers include The Home Depot, McDonald’s, CVS Pharmacy, Dunkin’, Taco Bell, and Burger King, further strengthening the property’s retail draw. The five-mile trade area is supported by more than 38,200 residents, over 16,700 employees, and an average household income exceeding $99,000.

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Listing ID: a28TP000003A6OzYAK