Small-Bay Industrial Service
For Sale
Contact for pricing
1806 Hooksett Rd, Hooksett, NH 03106
Turnkey auto service facility with three drive-in bays, lifts, and on-site parking on a small yard site.
Property Size1,996 SF
Lot Size0.70 Acres
Price / SF$250
Days on Market160
Property Features for 1806 Hooksett Rd
General Information
Standard status
Active
Size
1,996 SF
Lot size
0.70 Acres
Property subtype
RETAIL
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Service Bays
3
Building Details
Year Renovated
2016
Listing Agency:
KW Coastal Land & Commercial Group
(603) 610-8500
Listed By:
Ethan Ash · License ##071469
(603) 707-2319
Source:
Moodyscre
Added: Mar 30
Changed: Aug 17
Last Checked: Aug 14 at 7:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Coastal Land & Commercial Group
Investment Insights
Based on property information with market context.
This functional small-bay industrial building totals 1,996 SF and includes three drive-in bays with lifts, supporting auto service and light industrial workflows. The property was renovated in 2016 and is currently actively utilized as an auto service facility, offering an operational layout designed for immediate usability.
The site includes excess on-site parking and is positioned for strong frontage along Hooksett Road, with convenient access to I-93 and the Manchester market.
For an owner-user or service-based operator, the combination of multiple service bays, existing lifts, and practical yard and parking helps support day-to-day operations without relying on building-scale additions.
The site includes excess on-site parking and is positioned for strong frontage along Hooksett Road, with convenient access to I-93 and the Manchester market.
For an owner-user or service-based operator, the combination of multiple service bays, existing lifts, and practical yard and parking helps support day-to-day operations without relying on building-scale additions.
Key Highlights
- 1,996 SF industrial building on 0.7 acres with three drive‑in bays and lifts for auto/service operations
- Renovated in 2016 and currently utilized as an auto service facility
- Small yard with excess on‑site parking to support vehicle/service needs
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,263
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,260
$465.3K
Cap Rate 7%
$332,329
$332.3K
Cap Rate 9%
$258,478
$258.5K
Market Conditions
NOI Build-Up for 1,996 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.9K $18.00/SF
− Vacancy
−$2.7K −$1.35/SF
EGI
$33.2K $16.65/SF
− OpEx
−$10.0K −$5.00/SF
NOI
$23.3K $11.66/SF
Area
Merrimack County, NH
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$465,260
Cap Rate 7%
$332,329
Cap Rate 9%
$258,478
Alternative Uses
Best Use
Retail
$332.3K
$290.8K – $387.7K
NOI $23,263 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$216.3K
$189.3K – $252.4K
NOI $15,141 @ 7.0% cap · market cap 3.03%
Theoretical Best
Office A
$519.7K
$454.8K – $606.3K
NOI $36,380 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Service bays
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
28
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 03106, NH
14,799
Population
5,679
Households
2.6
Avg Household Size
42
Median Age
39%
College-Educated
94%
High-School Grad
36.0 sq mi
ZIP Area
411
Density / Sq Mi
$107,137
Median Household Income
$49,950
Median Earnings
$1,638
Median Rent
$371,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- G&L Auto Service — 1806 Hooksett Rd, Hooksett, NH 03106
Frequently Asked Questions
What type of property is this?
Auto shop - Turnkey auto service facility with three drive-in bays, lifts, and on-site parking on a small yard site.
Where is this auto shop located?
The property is located at 1806 Hooksett Rd Hooksett, NH.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 1,996 SF industrial building on 0.7 acres with three drive‑in bays and lifts for auto/service operations; Renovated in 2016 and currently utilized as an auto service facility; Small yard with excess on‑site parking to support vehicle/service needs
