428 South Willow StreetManchester, NH 03103MLS Number 5107924

  • Price: $895,000
  • 1 Day on Market
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Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026
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428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103428 South Willow Street Manchester NH 03103
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  • 0.3Acreage
  • 1956Year Built
  • 2,346Square Feet
  • 2025Tax Year

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Listed by Matthew Lefebvre of Downtown Realty
Fantastic opportunity to acquire a single-tenant, freestanding commercial building net-leased to Hertz Global Holdings Inc., along the busiest retail corridor in Manchester, NH. The ±2,346 SF building sits on a high-visibility corner lot at a lighted intersection with ±128' of frontage along Route 28, carrying an average daily traffic count of over 21,000 VPD. Hertz has operated at this location since 2004, most recently negotiating an extension of their lease for an additional five years running through March 2029 as well as two more 5 year options through 2039. Prior to their current term, Hertz has installed EV charging stations, modernized their storefront, and updated signage and building facade, demonstrating meaningful capital investments in conjunction with their 20+ year commitment to the site. The property generates a net operating income of $61,800, offering an investor an attractive return for a hands-off investment rented to a globally recognized brand. The site benefits from easy to access to I-293, I-93, and the Manchester-Boston Regional Airport along with immediate proximity to two of Manchester's dominant retail centers, The Shoppes at South Willow and Manchester Commons Shopping Center, as well as dozens of large national tenants including Home Depot, Michaels, PetSmart, Burlington, Raising Cane's, Popeyes, Hobby Lobby, Citizens Bank, BJ's Wholesale Club, among others. The surrounding trade area supports a dense, affluent consumer base, with a 5-mile population of over 143,000 and average household income of $124,640. This offering represents a rare chance to acquire a well-located, income-producing asset with a proven, long-term tenant on one of Southern New Hampshire's premier retail corridors.

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Tax Information

  • Tax Year2025

Building

  • Year Built1956
  • ConstructionConcrete Exterior
  • Drive/Doors3
  • Square Feet2,346
  • Available Sqft2,346

Property

  • Acreage0.3
  • Parking Spaces
  • Property TypeCommercial Sale
  • AreaNH-Hillsborough
  • Lot Sqft13,068
  • Road Frontage128
  • Traffic Count21000

Basic Information

  • StatusACT
  • Modification Date09/02/2026
  • TypeBusiness, Office, Retail
  • List Price$895,000
  • Broker NameDowntown Realty
  • Listing Agent NameMatthew Lefebvre
  • Lister Office NameDowntown Realty
  • MLS Number5107924
  • MLS StatusActive

Amenities

  • PricePerSqFt381.5

Other

  • Date Listed09/02/2026

Location

  • Building Number428
  • StreetSouth Willow Street
  • TownManchester
  • StateNH
  • Zip03103
  • CountyHillsborough
  • Map381
  • Address428 South Willow Street

Exterior

  • RoofMembrane, Rolled

Utilities

  • Heating CoolingForced Air
Coldwell Banker Dinsmore Associates
Office: 603-898-9038
115 Indian Rock Road
Windham, NH 03087

Manchester, NH Demographics

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Manchester, NH Real Estate Market Data

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Manchester, NH Schools

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Market Data Provided by Faraday

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Copyright 2026 PrimeMLS, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this display comes in part from the IDX Program of PrimeMLS. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated September 3, 2026 6:09 AM UTC

 

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