639 Lafayette Rd
Hampton, NH
Price:
$9,062,000
Cap Rate:
5.00%
NOI:
$453,089
Building Size:
Approx. 4,068 Sq. Ft.
Lot Size:
Approx. 1 Acres
Type:
Single-Tenant / Retail
Sub Category:
Convenience / Gas
Year Built / Renovated:
2004 / 2025
Investment Overview
- 2004 Construction/2025 Renovation. 4,068+/- SF Building On 1.00+/- Acre Site
- Brand New 15-Year Absolute NNN Lease with 7.5% Rent Increases Every 5 Years, and (4) 5-Year Options to Renew
- High-Traffic Corridor on U.S. Route 1 – Along Lafayette Road/U.S. Route 1 (18k+ VPD), with Direct Proximity to I-95 (100k+ VPD)
- One of the Strongest Power-Center Clusters in the State – Anchored by Lowe’s, The Home Depot, BJ’s Wholesale Club, Market Basket, and Shaw’s Grocery
- Institutional Demand Drivers & Affluent Demos. – University of New Hampshire (15k+ students) & Pease International Tradeport (9k+ Employees) Nearby
- 7-Eleven Is The World’s Largest Convenience Store Chain With 85,000+ Locations Worldwide (S&P Rated A-)
- Hampton, NH | No State Income Tax & No State Sales Tax | MSA Population: 410,000+