High-Visibility Drive-Thru
For Sale
$290,000
68 Lowell Road, Hudson, NH 03051
Prime location with high traffic and flexible zoning.
Property Size152 SF
Lot Size0.20 Acres
Price / SF$1,907
Days on Market179
Property Features for 68 Lowell Road
General Information
Standard status
Active
Size
152 SF
Lot size
0.20 Acres
Property subtype
Commercial
Listing Agency:
Keller Williams Gateway Realty
(603) 883-8400
Listed By:
Bob James
(978) 658-2345
Source:
Wilsonwolfe
Added: Feb 25
Changed: Aug 23
Last Checked: Aug 23 at 10:01AM
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 Keller Williams Gateway Realty
Investment Insights
Based on property information with market context.
This 0.199-acre site is located in the heart of Hudson along Route 3A / Lowell Road, a busy commercial route with over 22,000 vehicles passing daily. The existing 152 square foot building is configured for a beverage drive-thru and includes town water, sewer, electricity, a private bathroom, and retail-ready plumbing. The B-Business zoning allows a wide range of retail and commercial uses. Potential business uses include specialty coffee or craft beverages, smoothie, juice, or nutrition cafés, gourmet grab-and-go concepts, pet-friendly treat drive-thrus, seasonal or pop-up retail, and contactless kiosk concepts. The location has a walk score of 60, indicating it is somewhat walkable, and a bike score of 33, indicating it is somewhat bikeable.
Key Highlights
- High‑traffic location on Route 3A with over 22,000 vehicles per day, providing exceptional exposure.**
- Flexible B‑Business zoning allows for a wide range of retail and commercial uses.
- Existing 152 SF building is already configured for a beverage drive‑thru.**
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
$19,494
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
6.72%
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%
$389,880
$389.9K
Cap Rate 7%
$278,486
$278.5K
Cap Rate 9%
$216,600
$216.6K
Market Conditions
NOI Build-Up for 152 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
$27.4K $180.00/SF
− Vacancy
−$1.4K −$9.00/SF
EGI
$26.0K $171.00/SF
− OpEx
−$6.5K −$42.75/SF
NOI
$19.5K $128.25/SF
Area
Hillsborough County, NH
Vacancy
5.00%
Lease Rate
$180.00 /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%
$389,880
Cap Rate 7%
$278,486
Cap Rate 9%
$216,600
Alternative Uses
Best Use
Specialty Retail
$278.5K
$243.7K – $324.9K
NOI $19,494 @ 7.0% cap · market cap 6.72%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
278
Businesses Nearby
Explore this area
Business Placement
Demographics for 03051, NH
25,394
Population
10,080
Households
2.5
Avg Household Size
44
Median Age
35%
College-Educated
95%
High-School Grad
28.3 sq mi
ZIP Area
897
Density / Sq Mi
$124,973
Median Household Income
$60,768
Median Earnings
$1,615
Median Rent
$407,100
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.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Prime location with high traffic and flexible zoning.
Where is this drive through restaurant located?
The property is located at 68 Lowell Road Hudson, NH.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: High‑traffic location on Route 3A with over 22,000 vehicles per day, providing exceptional exposure.**; Flexible B‑Business zoning allows for a wide range of retail and commercial uses.; Existing 152 SF building is already configured for a beverage drive‑thru.**
