Exit 4, Old Manchester Road is a mixed-use property for lease in Raymond, NH.
Approved Retail and Residential development available For Sale or Land Lease located directly off Exit 4 along Route 101 in Raymond NH. The property can be split and purchased separately with 220,000 SF of retail approvals in place on approximately 29 acres and 192 units of residential approvals in place on approximately 10 acres.
Granite Meadows is a great opportunity for a developer to control the entire 39 acre parcel and create a signature development at one of the last under developed Exit locations along the heavily traveled east/west highway between Portsmouth and Manchester, NH.
In addition to the approvals to build, this property is located within the town of Raymond's TIF District which will finance the municipal sewer lines servicing the property. It is also within the towns Economic and Revitalization Zone (ETZ) which provides various tax incentives to employers within the zone.
Traffic counts passing Exit 4 along Route 101 are in excess of 37,000 cars per day and increasing.
Frontage along Route 101 provides the potential for billboard and/or monument signage visible from route 101 to guide traffic into the development.
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- Chris Norwood, agent and Rofo Pro