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    45 Hancock St Rochester, NH 03867

    Sponsored
    For Sale
    $950,000

    High-Yield, Triple Net Lease, Excellent Location

    Property size:
    9,220 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a 9,220 square foot commercial property situated on a 0.42-acre lot at 45 Hancock Street in Rochester, New Hampshire. Currently leased to a long-term tenant under a triple net lease agreement, the property generates a substantial monthly income of $9,000, extending through July 2025, with a potential for renewal. This provides a secure and consistent cash flow for the investor. The property's strategic location offers unparalleled accessibility, placing it within minutes of key transportation arteries including Route 16 (Spaulding Turnpike) and Route 125. This prime location ensures high visibility and convenient access for both the tenant and potential future occupants. The property's size and configuration offer versatility for a range of commercial uses, making it an attractive investment for both short-term and long-term growth. The triple net lease structure further minimizes the owner's operational responsibilities, maximizing return on investment. This is a rare opportunity to acquire a stable, high-yielding commercial property in a thriving New Hampshire market. Don't miss out on this chance to secure a strong addition to your investment portfolio. Serious inquiries only.

    Property Features for 45 Hancock St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,220 SF
    Lot Size
    18,295 SF

    Building Details

    Year Built
    1968
    Property Profile Location Intelligence

    Current Use by Public Records

    Scrubbing Board Laundromat Laundromat NAPA Auto Parts Truck Accessories Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rochester
    County
    Strafford
    State
    New Hampshire
    Longitude
    -70.9725
    Latitude
    43.29437

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield, Triple Net Lease, Excellent Location
    Where is this commercial real estate located?
    The property is located at 45 Hancock St Rochester, NH.
    What is the asking price?
    The asking price for this property is $950,000.
    Request Owner's contact information
    45 Hancock St Rochester, NH 03867
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    Rochester, NH 03867
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    45 Hancock St Rochester, NH 03867
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