MANSARD Sells Retail Center off Route-28 in Salem, NH for $2.887 Million
MANSARD’s very own Taylor Saulnier recently completed the sale of the retail center located directly on Salem New Hampshire’s highly demanded Route-28 for $2.887 million dollars.
MANSARD represented the seller, George Mouro in the transaction of the retail center. The sale closed officially on September, 16, 2021.
369 South Broadway is an 18,000 SF, multi-tenant retail center. In the last few years, the owner replaced the roof, installed sprinklers throughout the building, refinished parking lot, new HVAC, new pylon signage & will soon be facelifting the facade as an added bonus. The retail center provides the security of new and long-term tenants, with the oldest tenant dating back to 1990 and the newest tenant recently executing a 10 year lease.