Goffstown shopping plaza sold for $5 million

NAI Norwood to market former Shaw’s site

The 170,000-square-foot shopping center at 553 Mast Rd. in Goffstown was sold at a Jan. 8 auction for $5 million to the mortgage holder, 553 Mast Road LLC.

The shopping center, known as Shaw’s plaza, has been without an anchor store since the summer of 2013, when the supermarket chain shuttered its store there.

The plaza is 58 percent occupied. Tenants include Dollar Tree, Big Lots, Subway, Advance Auto Parts, the Aloe Garden restaurant, a Radio Shack and Hubert’s Family Outfitters.

According to the New Hampshire Union Leader, Nashua attorney Mark Kanakis, representing the LLC, said that property manager Doug Potter will attempt to find a tenant to rent the empty store. If unsuccessful, 553 Mast Road LLC will attempt to sell the property to another party at a later date.

The former Shaw’s site is being marketed by Bedford-based NAI Norwood Group.

Categories: Real Estate & Construction