105 Lafayette Rd - Freestanding FOR SALE


Hampton Falls, NH 03844
$4,800,000 USD
978-852-3936
105 Lafayette Rd, Hampton Falls, NH for Sale
$4,800,000 USD
Freestanding - FOR SALE
1/31
null | 7.55% Cap Rate

105 Lafayette Rd
Hampton Falls, NH 03844


HIGHLIGHTS

  • Strong Financials
  • Long-term tenants
  • Rent Increases
  • Premier high traffic location
  • Limited retail competition
  • High visibility signage

OVERVIEW

Please do not drive unaccompanied on the property due to safety reasons at the daycare business! New England Commercial Advisors is pleased to present the opportunity to purchase Hampton Falls Plaza located at 105 Lafayette Rd, Hampton Falls NH 03844. Hampton Falls Plaza consists of two buildings with a total of 25,000 square feet of retail space on a ~ 5-acre parcel. Anchor tenant Childs Place has occupied ~ 15,000 SF for over 35 years. The property is 100% occupied with 5 tenants total. New leases for 3 out of the 5 tenants contain rent increases. The complimentary mix of tenants contributes to a strong long-term financial outlook. Capital improvements include: New asphalt pavement, Rubber roof, 5+ new HVAC condensers, paint, and new furnaces. High-traffic location, strong financials, long-term tenants & well-kept building make this a perfect investment and/or 1031 opportunity.

FOR SALE DETAILS

PRICE

$4,800,000 USD

PRICE/SF

$192 USD /SF

CAP RATE

7.55%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hampton Falls Plaza-$360K NOI 7.75 CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Day Care Center, Storefront

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

4.9 AC

LAND SF

213,444 SF

ZONING

04-Business Dist North

APN/PARCEL ID

M08-B062-L00

ASK ABOUT THIS PROPERTY

Stephen CavanaughKW EvolutionMore Info
978-852-3936

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Stephen CavanaughKW EvolutionMore Info
978-852-3936

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.