Attractive investment: This multi-tenant center is anchored by Planet Fitness, which features a corporate guaranteed lease. Each lease features various options to renew, and the lack of personal income or sales tax in the state of New Hampshire makes this an ideal property for investors.
New site renovations: Planet Fitness added an additional 5,880 square feet in 2017, and is currently making improvements to the parking lot (in conjunction with the Landlord) as well as the entire interior and exterior of its building. The project is estimated at $2 million and is being funded by Planet Fitness. Construction commenced in mid-June 2018.
Prime retail site: The site sits at a highly visible location directly off busy Interstate 93 (over 69,000 cars passing daily). The Planet Fitness-anchored center is across from a Lowes-anchored shopping center near downtown Concord.
Growing business corridor: Concord is the state capital of New Hampshire, and has a population of more than 42,000 residents. The site has access to a daytime workforce population of over 70,000, and three airports within a one-hour drive help connect the city to major metropolitan areas like Boston and Providence. Concord is one of the fastest-growing cities in New Hampshire, and this award-winning community is a regional center of shopping, medical services and various recreational activities.