Manchester, New Hampshire, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's strong economy and growing population of around 110,000 residents. Retail Properties in Manchester can represent a variety of investments, from small strip centers to large shopping centers, each with its own unique characteristics and potential for returns. The city's amenities, infrastructure, location, education, and geography all contribute to its appeal, with institutions like Southern New Hampshire University, Elliot Hospital, and Catholic Medical Center, as well as attractions like the SNHU Arena and the Mall of New Hampshire, drawing visitors and residents alike. Manchester's convenient location, situated approximately 50 miles north of Boston, Massachusetts, and about 15 miles south of Concord, the capital of New Hampshire, also makes it an ideal spot for businesses and travelers. With its rich history, diverse neighborhoods, and ongoing redevelopment efforts, Manchester is a great place to invest in Retail Properties.
Manchester's Retail Properties For Sale offer a unique opportunity to tap into the city's dynamic economy, with 14 listings available. The city's retail landscape is complemented by other property types, such as Shopping Centers, like the Mall of New Hampshire, which provide a range of shopping and dining options; Restaurants, like those found in the downtown area, which offer a diverse range of cuisines; Office Properties, like One City Hall Plaza, which serve as hubs for businesses and professionals; and Hotels, like the Hilton Garden Inn Manchester Downtown, which cater to visitors and travelers. With its strong economy, rich history, and diverse range of amenities and attractions, Manchester is an attractive location for investors and businesses alike. The city's Retail Properties For Sale offer a unique opportunity to capitalize on its growth and potential, making it an attractive investment opportunity for those looking to invest in the city's future.
What is the average cap rate for retail properties in Manchester?
For investors seeking retail properties in Manchester, it's essential to understand the average cap rate, which currently stands at 7.24%. To better comprehend this metric, it's helpful to read our article on what is a cap rate, which provides valuable insights into this critical investment concept.
How do location and foot traffic affect retail property values?
In Manchester, a city with a rich history and diverse economy, the location and foot traffic of retail properties play a significant role in determining their values. Properties situated in high-traffic areas, such as downtown Manchester, South Willow Street, and Second Street on the West Side, tend to have higher values due to their proximity to major attractions, public transportation, and a large customer base, with an average price per square foot of $333 USD and an average size of 5,455 square feet, resulting in a higher cap rate of 7.24%.
