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$895,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 428 S Willow St
General
- Price: $895,000
- Taxes: $10,490 (2025)
- Status: Active
- Type: Retail
- Source: PrimeMLS
- MLS ID: 5107924
- Updated: 9/2/2026
- Added to Site: Today
Parking
- Parking: Paved
Location
- County: Hillsborough
Heating & Cooling
- Cooling Type: Central AC
- Heating Type: Forced Air
Utilities
- Sewer: Public
Structural Information
- Roof: Membrane, Rolled
- Square Feet: 2,346
- Finished Total: 2,346 Sq. Ft.
- Year Built: 1956
Lot Features
- Lot Size (Acres): 0.3
- Lot Size (Sq. Ft.): 13,068
- Frontage: Yes Road Frontage
- Frontage Feet: 128
- Zoning: BC-2
Financial Considerations
- Price Per Sq. Ft.: $381.5
- Tax Amount: $10,490.39
- Tax Year: 2025
Timeshare
- Fractional Own: Unlimited
Listed by Downtown Realty, Matthew Lefebvre
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Schools
Schools serving 428 S Willow St
School District:Manchester School District
| Name | Grades | Distance |
|---|---|---|
Jewett School 130 South Jewett Street, Manchester, NH 03103 | PK-5 | 0.7 mi |
Southside Middle School 300 South Jewett Street, Manchester, NH 03103 | 6-8 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 428 S Willow St
Date
Details
Price
Change
Source
9/02/2026
Listed
$895,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 428 S Willow St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$10,148
4%
$518,300
—
2023
$9,775
3%
$518,300
—
2022
$9,454
3%
$518,300
—
2021
$9,164
-17%
$518,300
16%
2020
$11,006
1%
$446,300
—
2019
$10,854
3%
$446,300
—
2018
$10,568
2%
$446,300
—
2017
$10,408
1%
$446,300
—
2016
$10,327
4%
$446,300
6%
2015
$9,906
—
$422,600
—
2014
$9,931
4%
$422,600
—
2013
$9,580
—
$422,600
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 428 S Willow St
428 South Willow Street, Manchester, NH 03103 (MLS# 5107924) is a Retail property. 428 South Willow Street is currently listed for $895,000 and was received on September 02, 2026. Want to learn more about 428 South Willow Street? Do you have questions about finding other Retail real estate for sale in Manchester? You can browse all Manchester real estate or contact a Coldwell Banker agent to request more information.

