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The Boulos Company Sells Fully Leased Retail Property At 7 Lafayette Road For $2.695M
SOLD
$2,695,000
New Hampshire
See Similar DealsRetail20,645 SF
Sold 06/17/2025
SOLD
The Boulos Company Sells Fully Leased Retail Property At 7 Lafayette Road For $2.695M
7 Lafayette Road
See Similar DealsRetail20,645 SF
Sold 06/17/2025
Summary
NEW HAMPSHIRE
Asset Type:Retail
Price Per Square Foot:$130
Total Square Footage:20,645 SF
Transaction Type:Sale
The transaction involved a retail asset located at 7 Lafayette Road in North Hampton, NH. The property features a total area of 20,645 square feet and was sold for $2,695,000, resulting in a price per square foot of approximately $131.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $2,695,000
- Square Footage: 20,645
- Address: 7 Lafayette Road
- Market: North Hampton, NH
- Price Per Square Foot: $131
Kent White and Caitlin Burke from The Boulos Company represented the seller in this transaction. The deal reflects the ongoing interest from investors looking to capitalize on the strong demographics and limited supply within the Seacoast market.
Players
BROKERAGE
Details
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$143,733.32
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,574.78
Cash-on-Cash Return-1.27%
Monthly Debt Service$12,775.67
Annual Debt Service$153,308.10
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