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Retail Space with Loading Bays
For Sale
$7,500,000

720 Lafayette Rd, Portsmouth, NH 03801

Occupied commercial space offers covered drive-up access and infrastructure for loading, unloading, and customer pickup.

Property Size17,700 SF
Price / SF$423.73
Days on Market48

Property Features for 720 Lafayette Rd

General Information

Standard status Active
Size 17,700 SF

Amenities

loading bay
drive-up bay

Building Details

Year Built 2012
Listing Agency: KW Coastal and Lakes & Mountains Realty
Listed By: Nathan W Dickey
Source: Langelange
Added: Aug 21 Changed: Oct 2 Last Checked: Oct 5 at 9:06PM

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 and Lakes & Mountains Realty

Investment Insights

Based on property information with market context.

This retail space is located at 720 Lafayette Rd in Portsmouth, New Hampshire, within a commercial building constructed in 2012. The property is currently occupied by a tenant and is positioned along an established commercial corridor with vehicle access and prominent exposure.

Operational features include two loading bays and a separate drive-up bay with overhead coverage. The layout supports retail, distribution, and service-oriented uses, with covered access that accommodates loading, unloading, and customer pickup in varying weather conditions. The offering is subject to completion of the condo conversion. Walk Score is 27 and Bike Score is 33.

Key Highlights

  • 2012 construction at 720 Lafayette Rd, Portsmouth, NH 03801
  • Two loading bays for receiving and distribution activity
  • Covered drive‑up bay supports loading and customer pickup

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$250,228
Cap Rate
3.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,004,560 $5.0M
Cap Rate 7%
$3,574,686 $3.6M
Cap Rate 9%
$2,780,311 $2.8M
Market Conditions
NOI Build-Up for 17,700 SF
Gross rent
$382.3K $21.60/SF
− Vacancy
−$24.9K −$1.40/SF
EGI
$357.5K $20.20/SF
− OpEx
−$107.2K −$6.06/SF
NOI
$250.2K $14.14/SF
Area
Rockingham County, NH
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,004,560
Cap Rate 7%
$3,574,686
Cap Rate 9%
$2,780,311

Alternative Uses

Best Use
Retail
$3.57M
$3.13M – $4.17M (±1% cap)
NOI $250,228 @ 7.0% cap · market cap 3.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.89M
$5.16M – $6.87M (±1% cap)
NOI $412,498 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Goodwill Store Discount Store Whitcher Builders Construction Company

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Grocery & Convenience Store Locksmith (Bike/Boat/Book/etc) Store Catering Service

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

626
Businesses Nearby
144k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 31% Dining 30% Groceries 25% Home Improvements & Furnishings 8%
Market Basket Groceries
35,728 visits/mo 0.3 miles
McDonald's Dining
20,080 visits/mo 0.0 miles
Cumberland Farms Shops & Services
18,600 visits/mo 0.4 miles
Dunkin' Donuts Dining
11,065 visits/mo 0.2 miles
Harbor Freight Tools Home Improvements & Furnishings
9,610 visits/mo 0.2 miles

Demographics for 03801, NH

22,767
Population
11,448
Households
2
Avg Household Size
43
Median Age
63%
College-Educated
98%
High-School Grad
23.8 sq mi
ZIP Area
957
Density / Sq Mi
$106,520
Median Household Income
$65,984
Median Earnings
$1,783
Median Rent
$647,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - Occupied commercial space offers covered drive-up access and infrastructure for loading, unloading, and customer pickup.
Where is this retail space located?
The property is located at 720 Lafayette Rd Portsmouth, NH.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 2012 construction at 720 Lafayette Rd, Portsmouth, NH 03801; Two loading bays for receiving and distribution activity; Covered drive‑up bay supports loading and customer pickup
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