North Hampton, NH 03862,7 Lafayette RD
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North Hampton, NH 03862,7 Lafayette RD
North Hampton, NH 03862,7 Lafayette RD
North Hampton, NH 03862,7 Lafayette RD
Listed by Kent White • The Boulos Company
Bought with Kent White • The Boulos Company

$2,695,000

Est. payment /mo

$2,850,000

5.4%
Est.Price: ?

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7 Lafayette RD North Hampton, NH 03862

20,645 SqFt

SOLD DATE : 06/02/2025

Key Details

Sold Price $2,695,000

Property Type Commercial

Sub Type Investment

Listing Status Sold

Purchase Type For Sale

Square Footage 20,645 sqft

Price per Sqft $130

MLS Listing ID 5035897

Sold Date 06/02/25

Year Built 2004

Tax Year 2025

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

Exterior

Utilities Available Gas - On-Site

Building

Sewer Public

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PrimeMLS
agent

Geralyn Donohue

Broker Associate | License ID: 081.0004386

+1(802) 377-7096

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