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Property profile & analytics
OFF-MARKET Estimated value $32,060,000
Commercial real estate

700 Lafayette Rd 2 Seabrook, NH 03874-6202

120,362 SF 32.29 ac lot Built 2013
Individually Owned 4-yr Hold Free & Clear
Property ID
US58-0419816
Property summary
AI-generated overview

Seabrook Commons, a thriving retail center in Seabrook, NH, offers exceptional opportunities for businesses seeking high-traffic locations. Situated less than two miles from the Massachusetts border, this property enjoys significant draw from a large trade area, boosted by its convenient proximity to I-95 and the attraction of tax-free shopping. The center boasts a total of 393,000 square feet, with two available spaces ranging from 2,000 to 5,740 contiguous square feet. A total of 7,740 square feet is currently vacant, presenting immediate occupancy possibilities. The property features a strong tenant mix, ensuring a vibrant and successful retail environment. Excellent visibility and accessibility are key advantages, with prominent signage and ample parking along heavily trafficked US Route 1. This location benefits from being in one of New Hampshire's most robust retail markets. The property includes 76 total parking spaces to accommodate customers and employees. Located in Rockingham County, this retail center provides a strategic location for businesses seeking to capitalize on the region's strong retail demand. The minimum divisible space is 2,000 square feet, making it suitable for a variety of retail and medical uses.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL CONDOMINUIM
Year built 2013
Construction STEEL FRAME
Total area 120,362 SF
Lot 32.29 ac (1,406,552 SF)
Zoning code LA4
APN SEAB M:8 B:55 L:200
UPID US58-0419816
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Yankee Candle Home Decor Store
  • Maurices Clothing & Fashion Store
  • Walmart Photo Center (Bike/Boat/Book/etc) Store
  • N & K Nails Nail Salon
  • GNC (Bike/Boat/Book/etc) Store Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$39.21M
Blend (final) Blend
$32.06M
Owner & transaction history
B33 Seabrook Commons 2 · 4 yrs held
B33 Seabrook Commons 2
since 2021
Last sale
$30.4M
2 recorded transactions
2021
$30.4M
1969
Price N/A
Zoning & alternative use
LA4 · Seabrook, NH
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $31.7M +14.2%
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