Summit Realty Partners sells NNN leased retail investment property in Concord, NH for $1,625,000

Concord, NH: October 28, 2022: Summit Realty Partners, Inc. is pleased to announce the recent sale of a triple-net investment property leased to a franchisee of Dairy Queen at 196 Loudon Road in Concord NH for $1,625,000. Dairy Queen occupies a 2,612 sf building with a drive-thru on 1.56 acres and has 15 years remaining on its lease with multiple options to renew. Chris McMahon of Summit Realty Partners represented the Seller and Horvath & Tremblay represented the Buyer. 196 Loudon Road is a highly visible retail property located in the densely populated Concord Heights neighborhood. Summit kicked off the redevelopment of this property in 2016 when Dairy Queen first signed a lease and opened for business in 2017. The property benefits from its proximity to many regional shopping centers and strong traffic counts. National brands in the area include Walmart, Target, Home Depot, Dick’s Sporting Goods, Shaw’s Supermarket, Chipotle, Starbucks, Olive Garden, TGIF, Applebee’s and more.

With over 25 years of experience, Summit Realty Partners Inc. is a full service commercial real estate firm headquartered in Lexington, Massachusetts. For more information, please visit www.summitrealtypartners.com or contact us at 781.862.9700 X3 / go@sumrp.com.  We look forward to hearing from you.

Posted on October 28, 2022