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Freestanding Retail Building
For Sale
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Pending

337 Lafayette Rd, Seabrook, NH 03874

West Marine occupies the property under a long-term ground lease serving boating, fishing, sailing, and paddling customers.

Property SizeContact for details
Days on Market142

Property Features for 337 Lafayette Rd

General Information

Standard status Pending
Property subtype Retail
Listing Agency: JLL - Boston, Massachusetts
Listed By: Zachary Nitsche · License #MA 9574279
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 4:43PM

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 JLL - Boston, Massachusetts

Investment Insights

Based on property information with market context.

This freestanding retail building contains approximately 13,252 SF and is occupied by West Marine, a retailer focused on boating, fishing, sailing, and paddling merchandise. The offering includes a 78-year ground-lease interest, fully extended through 2101, with contractual 10% increases every 5 years.

The property is positioned along Route 1 in Seabrook, NH, with reported traffic of 23,500 VPD and access to destinations north and south. It is located two miles north of the Massachusetts border and within a retail concentration containing more than 560,000 SF leased to national retailers such as Walmart, Hobby Lobby, Dick’s, Lowe’s, Home Depot, and Market Basket.

Key Highlights

  • Approximately 13,252 SF freestanding West Marine retail building
  • 78‑year ground‑lease interest fully extended through 2101
  • Contractual 10% increases every 5 years

Property Analytics

Current Use

West Marine Big Box & Wholesale Store

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Parking Lot & Garage Bakery Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

391
Businesses Nearby
351k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 23% Apparel 21% Home Improvements & Furnishings 20% Shops & Services 19%
Market Basket Groceries
59,421 visits/mo 0.2 miles
Kohl's Apparel
38,535 visits/mo 0.2 miles
T.J. Maxx Apparel
34,833 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
33,710 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
25,287 visits/mo 0.2 miles

Demographics for 03874, NH

8,542
Population
4,403
Households
1.9
Avg Household Size
51
Median Age
26%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
960
Density / Sq Mi
$87,000
Median Household Income
$47,047
Median Earnings
$1,435
Median Rent
$435,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - West Marine occupies the property under a long-term ground lease serving boating, fishing, sailing, and paddling customers.
Where is this retail space located?
The property is located at 337 Lafayette Rd Seabrook, NH.
What are key features of this property?
This property features: Approximately 13,252 SF freestanding West Marine retail building; 78‑year ground‑lease interest fully extended through 2101; Contractual 10% increases every 5 years
More about this property
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