Atlantic Capital Partners has completed the sale of a single-tenant retail property occupied by Whole Foods Market in Nashua, NH. The firm reported that the asset, located at 272 Daniel Webster Highway, traded for $22.5 million. Atlantic Capital Partners represented the seller in the transaction, while the buyer chose not to be identified.
The team leading the transaction included Justin Smith, head of capital markets, along with executive vice president Chris Peterson, senior associate Danielle Turpin and associate Matt Ericson. According to Atlantic Capital Partners, this group oversaw the marketing and sale process on behalf of the undisclosed seller, positioning the property as a stabilized, income-producing investment backed by a nationally recognized grocer.
The property comprises 44,538 square feet and is fully leased to Whole Foods Market. It is set on a 3.08-acre parcel within Webster Square, a prominent shopping center along Daniel Webster Highway. The location within an established retail node and the single-tenant, net-leased structure were emphasized as key components of the offering, with Whole Foods serving as the sole occupant.
Atlantic Capital Partners described the investment as providing stable, long-term cash flow underpinned by an investment-grade credit tenant. The firm highlighted that the lease benefits from an Amazon guaranty and scheduled rental growth, which they believe enhances income durability and visibility for the new owner over the remaining lease term.
Commenting on investor appetite for this type of retail asset, Turpin noted that capital continues to favor properties offering predictable income streams. She stated that the combination of the long-term Whole Foods lease, the credit support from Amazon and the built-in rent escalations created what the team viewed as an institutional-caliber opportunity. According to Turpin, these elements collectively contributed to the perception of durable income over an extended investment horizon.
The sale underscores ongoing institutional and private investor interest in grocery-anchored, single-tenant retail assets where tenancy and credit quality are seen as mitigating broader market risk. While the buyer and specific investment strategy were not disclosed, the completed transaction at Webster Square illustrates sustained demand for well-located, credit-anchored retail properties in established shopping centers.
