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Restaurant

Starbucks w/ Dr-Thru | New Hampshire | New Construction | Strong Demos

11 Abingdon Wy, Goffstown (Manchester MSA), NH 03102

Listing Price: $2,434,783

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
9.8
Gross SF
2,232
Guarantor
Corporate Guarantee
Rentable SF
2,232
Price/Gross SF
$1,090.85
Lease Type
Double Net
Rent Per Square Feet
$62.72

Investment Overview

Goffstown is a city in Hillsborough County, New Hampshire. It is home to Saint Anselm College (and its New Hampshire Institute of Politics), the Goffstown Giant Pumpkin Regatta, and was the location of the New Hampshire State Prison for Women, prior to the prison’s relocation to Concord in 2018. Goffstown is known for its charming small-town atmosphere and strong sense of community. Its picturesque Main Street is lined with historic buildings and local shops, creating a welcoming and nostalgic ambiance. Residents of Goffstown take pride in their town’s excellent school system, beautiful parks, and recreational opportunities, including hiking trails and nearby lakes for outdoor enthusiasts. The town’s friendly and tight-knit community regularly comes together for events and festivals, fostering a sense of unity and belonging among its residents. Overall, Goffstown offers a peaceful and inviting environment for both its residents and visitors to enjoy.

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and at Each Option. Brand New 2023 High Quality Construction.
  • Positioned Along Area's Retail & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles.
  • Walking Distance from Saint Anselm College - the Third-Oldest Catholic College in New England with an Enrollment of Approximately 2,000 Students.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #120 on the Fortune 500 List with an Annual Revenue of more than $32.25 Billion.
  • Minutes from Catholic Medical Center - a 330-Licensed Bed Full-Service Acute Care Hospital offering Medical-Surgical Care with more than 26 Subspecialties, In-and-Outpatient Services, Diagnostic Imaging and more.
  • Densely Populated and Affluent Area: Features an Average Household Income of $90k+ and more than 136k People Residing within a 5-Mile Radius.
  • The Site Benefits from its Close Proximity to Downtown Manchester, NH and Boston, MA - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
  • Adjacent to Hannaford Grocery and Rite Aid. Within Walking Distance from Goffstown Plaza - A Regional Powercenter Anchored by Big Lots, Planet Fitness, Trampoline Park and more.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) NH: 077795

    New Hampshire

Financing By

Restaurant

Starbucks w/ Dr-Thru | New Hampshire | New Construction | Strong Demos

Listing Price: $2,434,783

Cap Rate
5.75%
Tenant Name
Starbucks
Years Remaining On Lease
9.8
Gross SF
2,232
Guarantor
Corporate Guarantee
Rentable SF
2,232
Price/Gross SF
$1,090.85
Lease Type
Double Net
Rent Per Square Feet
$62.72

Investment Highlights

  • Starbucks w/ Drive-Thru Featuring 10% Rental Increases Every 5 Years Throughout the Initial Term and at Each Option. Brand New 2023 High Quality Construction.
  • Positioned Along Area's Retail & Traffic Corridor - Features Easy Access & Excellent Visibility with Daily Traffic Counts Exceeding 17k Vehicles.
  • Walking Distance from Saint Anselm College - the Third-Oldest Catholic College in New England with an Enrollment of Approximately 2,000 Students.
  • Starbucks has a S&P Investment Grade Credit Rating of "BBB+" and is Ranked #120 on the Fortune 500 List with an Annual Revenue of more than $32.25 Billion.
  • Minutes from Catholic Medical Center - a 330-Licensed Bed Full-Service Acute Care Hospital offering Medical-Surgical Care with more than 26 Subspecialties, In-and-Outpatient Services, Diagnostic Imaging and more.
  • Densely Populated and Affluent Area: Features an Average Household Income of $90k+ and more than 136k People Residing within a 5-Mile Radius.
  • The Site Benefits from its Close Proximity to Downtown Manchester, NH and Boston, MA - Home to a Variety of Museums, Theaters, Music Venues, and Restaurants, Providing Residents and Visitors with a Wide Range of Activities to Enjoy.
  • Adjacent to Hannaford Grocery and Rite Aid. Within Walking Distance from Goffstown Plaza - A Regional Powercenter Anchored by Big Lots, Planet Fitness, Trampoline Park and more.

Investment Overview

Goffstown is a city in Hillsborough County, New Hampshire. It is home to Saint Anselm College (and its New Hampshire Institute of Politics), the Goffstown Giant Pumpkin Regatta, and was the location of the New Hampshire State Prison for Women, prior to the prison’s relocation to Concord in 2018. Goffstown is known for its charming small-town atmosphere and strong sense of community. Its picturesque Main Street is lined with historic buildings and local shops, creating a welcoming and nostalgic ambiance. Residents of Goffstown take pride in their town’s excellent school system, beautiful parks, and recreational opportunities, including hiking trails and nearby lakes for outdoor enthusiasts. The town’s friendly and tight-knit community regularly comes together for events and festivals, fostering a sense of unity and belonging among its residents. Overall, Goffstown offers a peaceful and inviting environment for both its residents and visitors to enjoy.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): NH: 077795

    New Hampshire

Financing By

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