Huntley and Mabardy of Horvath & Tremblay complete sale of a 7-Eleven in Concord, NH for $2.15 million

Concord, NH Aaron Huntley and Jake Mabardy of Horvath & Tremblay have completed the sale of a 7-Eleven in Concord, New Hampshire. Horvath & Tremblay exclusively represented the seller to complete the transaction at a sale price of $2.15 million. 

7-Eleven is located at 125 Loudon Rd. 7-Eleven has occupied the build-to-suit property for over 20 years (since 2003) and they have since executed two lease extensions, demonstrating their commitment to the site and market. 7-Eleven currently subleases the property to Quick Mart while remaining the guarantor on the lease. The triple net (NNN) lease and has over five years of term remaining, followed by one five-year renewal option, with a 10% rent increase at the commencement of the renewal option. 

The property is positioned along Loudon Rd. (U.S. Rte. 9) and benefits from strong visibility and prominent frontage at a signalized intersection, with convenient access points for ingress and egress. 7-Eleven is located along one of the primary commercial corridors and close to downtown, providing direct connectivity to I-93 and Rte. 393 for easy regional access. The property is surrounded by a mix of national retailers, local businesses, and dense residential neighborhoods, and is in close proximity to major employment drivers, retail centers, and medical facilities that generate consistent daily traffic from area residents, employees, and commuters.