Investment Overview
Opportunity to purchase this Domino’s NNN leased investment property located at 295 Highland Avenue in Plymouth, NH. The offering includes two leases, one for the Domino’s restaurant and one for a regional warehouse that supports several Domino’s locations. This opportunity includes an adjacent 4.39 +/- acre parcel of land for potential future development. A multi-unit franchisee operates this Domino’s location which opened for business in 2024 after substantial interior building renovations to this former fast-food restaurant. This Domino’s features the pizza theater store design which is an open concept that allows customers to watch their pizza being made. The location offers carryout, delivery and features a pickup window for carryout customers who want a quick grab-and-go option after placing their order online or over the phone. The Dominos lease currently has 10 +/- years remaining with an expiration date in October 2036 plus two (2) five (5) year renewal options. The warehouse lease currently has 3 +/- years remaining with an expiration date in October 2029 plus one (1) three (3) year renewal option. These leases are with a multi-unit operator of Domino’s (15 +/- total). An existing conditions survey of the properties was prepared recently and preliminary concepts indicate the possibility of up to a 5,000 +/- sf retail building on the development land.
Investment Highlights
- Net-leased quick-service restaurant and warehouse asset on a standalone parcel with convenient access and parking on-site
- Established neighborhood-serving location with convenient access to surrounding residential community and Plymouth State University.
- Highly visible property with prominent signage located on Highland Street across from Hatch Plaza which is anchored by Hannaford and Marshalls.
- Neighboring businesses include Camden National Bank, Hannaford, Marshalls, Granite Group, Burger King, CVS and many others.