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Listed by Kent White • The Boulos Company
$ 2,850,000
Est. payment /mo
New
7 Lafayette RD North Hampton, NH 03862
20,645 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Investment
Listing Status Active
Purchase Type For Sale
Square Footage 20,645 sqft
Price per Sqft $138
MLS Listing ID 5035897
Year Built 2004
Annual Tax Amount $31,606
Property Sub-Type Investment
Property Description
7 Lafayette Road consists of two buildings totaling 20,645± square feet on 2.09± acres. The buildings are identical in design and construction, showcasing top-quality craftsmanship. Long-term tenants include Subway and Vanguard Key Club, both of which have occupied the space for over 20 years. LuLu Posh, a high-end salon offering a variety of services, and Team Fitness, known for providing affordable training to medical patients, athletes, and fitness enthusiasts, also lease space at this location. All leases are Modified Gross, with tenants paying for their own electric and gas via separate meters. Vanguard additionally covers their own water bill for the rear building. With minimal management required, this investment property is ideal for a hands-off investor looking to benefit from below-market rents and operating expenses. For more information a signed NDA is required. HIGHLIGHTS: • 100% leased investment opportunity • Recent upgrades include new paint, new awnings and exterior lighting (2024) • New roof over front building (2022) • 65± on-site parking spaces
Location
State NH
County Nh-rockingham
Area Nh-Rockingham
Zoning IB/R
Interior
Inclusions Land/Building
Exterior
Utilities Available Gas - On-Site
Building
Sewer Public
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