
Hampton Falls, NH105 Lafayette Road
Price$4,800,000
MLS Number 5027159
- Commercial
- Village Hampton Beach
- Address 105 Lafayette Road
- Year Built 1988
- Square Feet 25,000
Please review 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.
Listed by Stephen Cavanaugh of Keller Williams Realty Evolution