Buyer represented by Stephen Cavanaugh of Keller Williams Realty Evolution
Key Facts
Description
Map
Key Facts
TypeRetail
LevelsCommercial Sale
Size-
GarageNo
Maintenance Fees
Taxes$42,768
Approx. Age1988
MLS® Number5027159
Property Address:
Average square foot calculated using Size range provided by listing agent.
Description
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.Show Description