Exciting New Development Opportunity for Retailers at Capital Place

Verani Commercial

An exciting new development opportunity at Capital Place has created an abundance of excitement this holiday season in the retail community. The former Southern New Hampshire University property located on Nashua New Hampshire’s exceptionally active retail strip, Route 101A recently sold for $1,500,000. The retail team at Verani Realty represented the buyer in the transaction. The preliminary plans for the redevelopment and/or development site have been well received by town officials, tenants, and the brokerage community alike.

Since 1965, Southern New Hampshire University (SNHU) has occupied this highly visible location on the retail corridor in Nashua, also known as the “Miracle mile” on Amherst Street. Several retailers who occupy spaces on the retail strip have reported some of the highest sales in their portfolio on Route 101A. 1,000 residential and condominium units are within walking distance to the property and generate an attractive mix of vehicular and pedestrian traffic, totaling more than 40,000 vehicles per day on the strip. This retail opportunity presents itself at an impeccable time in New Hampshire’s most thriving retail market!

Capital Place features a variety of retail, service, and dining options for area consumers with flexible floorplans ranging in size from 2,000-10,000 square feet. In addition to the variety of retail spaces, a pad site is available. Capital Place is serviced by municipal water, sewer, and natural gas.

After receiving a substantial amount of interest in the existing 17,000 +/- square foot building on the site, the developer is considering retaining the building. The developer will decide whether they are going to tear down the existing building and build a new one which would would entail a 13,200 SF building in the front of Capital Place a 5,400 SF building on the back portion of the property.

This is a perfect time for retailers to secure their spot at Capital Place and get the project into their new store development pipeline for 2020. Please contact any member of our Retail Team listed below to discuss this unique new development in New Hampshire’s most dynamic retail market.

Previous PostNext Post



MLS Property Information Network. Inc. The Total Listing Service NEREN Maine IDX Equal Housing Opportunity

©2022 MLS Property Information Network, Inc; The information in this listing was gathered from third party resources including the seller and public records. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations or warranties as to the accuracy of this information. 
Copyright 2022 New England Real Estate Network, Inc. All rights reserved. This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of NEREN. 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 June 30, 2022. 

Listing data is derived in whole or in part from the Maine IDX and is for consumers' personal, noncommercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2022 Maine Real Estate Information System, Inc. All Rights Reserved

© 2022 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. Equal Housing Opportunity. View our Privacy Policy

Website Powered by Real Estate Web Solutions

©2022 Real Estate Web Solutions, LLC. All rights reserved. realOMS Login | Switch Mobile Site