639 Lafayette Rd - Convenience Store FOR SALE


Hampton, NH 03842
$9,062,000 USD
214-915-8890
639 Lafayette Rd, Hampton, NH for Sale
$9,062,000 USD
Convenience Store - FOR SALE
1/7
null | 5% Cap Rate

639 Lafayette Rd
Hampton, NH 03842


HIGHLIGHTS

  • 2004 Construction/2025 Renovation. 4,068+/- SF Building On 1.00+/- Acre Site
  • 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+

OVERVIEW

Brand New 15-Year Absolute NNN Lease with 7.5% Rent Increases Every 5 Years, and (4) 5-Year Options to Renew

FOR SALE DETAILS

PRICE

$9,062,000 USD

PRICE/SF

$2,228 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

TC-N

APN/PARCEL ID

HMPT M:126 B:25

ASK ABOUT THIS PROPERTY

Russell SmithSecure Net LeaseMore Info
214-915-8890

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Russell SmithSecure Net LeaseMore Info
214-915-8890

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