Retail/Office Condo with
For Sale
$130,000
Pending
5-725 Lafayette Rd, Hampton, NH 03842
Flexible storefront and office layout with strong Route 1 exposure and ample parking for professional and service users.
Property Size595 SF
Days on Market225
Property Features for 5-725 Lafayette Rd
General Information
Standard status
Pending
Size
595 SF
Site & Location
Traffic Count
20,000 vehicles/day
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,015
Listing Agency:
NAI Norwood Group
(603) 668-7000
Listed By:
Deana Arden · License #069047
(603) 431-3001
Source:
Exprealty
Added: Jan 22
Changed: Sep 3
Last Checked: Sep 2 at 2:26AM
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 NAI Norwood Group
Investment Insights
Based on property information with market context.
This commercial retail/office condo offers a flexible layout designed for both customer-facing and professional use. The unit includes a reception area with large storefront windows, a private office, and a half bath, creating practical separation between greeting, work, and private meetings. As a condo space, it provides a contained, turnkey option within a larger business district setting.
The property is situated in Hampton’s Business District on busy Route 1, with exposure supported by stated traffic counts exceeding 20,000 VPD. Ample surface parking supports convenient access for visitors and staff. The central positioning also provides access to I-95 and Route 101.
The configuration is well suited for a range of service and professional tenants, including retail, restaurant, healthcare, banking, and medical practices, as well as professional office users. Neighboring businesses include Domino’s, Victoria’s Kitchen, Eco Chick Beauty Shop, and a local coin store, supporting a mixed-use commercial environment with consistent day-to-day activity.
The property is situated in Hampton’s Business District on busy Route 1, with exposure supported by stated traffic counts exceeding 20,000 VPD. Ample surface parking supports convenient access for visitors and staff. The central positioning also provides access to I-95 and Route 101.
The configuration is well suited for a range of service and professional tenants, including retail, restaurant, healthcare, banking, and medical practices, as well as professional office users. Neighboring businesses include Domino’s, Victoria’s Kitchen, Eco Chick Beauty Shop, and a local coin store, supporting a mixed-use commercial environment with consistent day-to-day activity.
Key Highlights
- 595± SF retail/office condo on busy Route 1 in Hampton’s Business District
- Flexible layout with reception area, private office, and half bath
- Large storefront windows with strong Route 1 exposure
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
$10,214
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
7.86%
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%
$204,280
$204.3K
Cap Rate 7%
$145,914
$145.9K
Cap Rate 9%
$113,489
$113.5K
Market Conditions
NOI Build-Up for 595 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
$15.7K $26.40/SF
− Vacancy
−$2.1K −$3.51/SF
EGI
$13.6K $22.89/SF
− OpEx
−$3.4K −$5.72/SF
NOI
$10.2K $17.17/SF
Area
Rockingham County, NH
Vacancy
13.30%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$204,280
Cap Rate 7%
$145,914
Cap Rate 9%
$113,489
Alternative Uses
Best Use
Office B
$145.9K
$127.7K – $170.2K
NOI $10,214 @ 7.0% cap · market cap 7.86%
Second Best
Retail
$120.2K
$105.2K – $140.2K
NOI $8,412 @ 7.0% cap · market cap 6.47%
Theoretical Best
Office A
$198.1K
$173.3K – $231.1K
NOI $13,866 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
20,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
180
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 03842, NH
16,048
Population
9,978
Households
1.6
Avg Household Size
53
Median Age
43%
College-Educated
96%
High-School Grad
12.8 sq mi
ZIP Area
1,254
Density / Sq Mi
$94,433
Median Household Income
$53,533
Median Earnings
$1,679
Median Rent
$491,600
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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- Flowers By Marianne — 74 Lafayette Rd, Hampton Falls, NH 03844
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible storefront and office layout with strong Route 1 exposure and ample parking for professional and service users.
Where is this storefront property located?
The property is located at 5-725 Lafayette Rd Hampton, NH.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 595± SF retail/office condo on busy Route 1 in Hampton’s Business District; Flexible layout with reception area, private office, and half bath; Large storefront windows with strong Route 1 exposure
