The Boulos Company Sells Fully Leased Retail Property At 7 Lafayette Road For $2.695M
7 Lafayette Road
$2,695,000
$130/SF
Building Size
20,645 SF
Asset Type
Retail
Closing
Jun 17, 2025
AI
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
North Hampton Retail Market Snapshot
Boundary boundary · Retail · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.89%
Cash-on-Cash
-1.68%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93