MLS Number 4841250
- Year Built 1983
- Acreage 14.1
Granite Town Plaza in Milford New Hampshire is a 108,000 + square foot facility on the west end of town heading to bedroom communities further out along Elm Street and 101. The plaza is anchored by a bank as well as a number of established national chains including Tractor Supply and Dollar General. The present owner has remained anything but passive. Since taking possession, the owner acquired all of the outlying parcels to reestablish as a single operating plaza. After cleaning up those issues, the ownership group invested physically in the plaza in the form of roof improvements and a façade. Since that time they have increased occupancy close to 90% while extending the term for the national anchor brands. This investment is perfect for an investor looking for a reliable income stream while having opportunity for upside cash flow.
Listed by Chris Norwood and Joe Robinson of NAI Norwood Group