Hampton Retail/Office Condo For
For Sale
$130,000
Pending
725 Lafayette Rd 5, Hampton, NH 03842
Retail/office condo in Hampton's business district with high traffic.
Property Size595 SF
Days on Market140
Property Features for 725 Lafayette Rd 5
General Information
Standard status
Pending
Size
595 SF
Property subtype
Commercial
Building Details
Year Built
1975
Listing Agency:
NAI Norwood Group
Listed By:
Deana Arden · License #069047
(603) 431-3001
Source:
Elliman
Added: Apr 24
Changed: Sep 7
Last Checked: Sep 10 at 8:05AM
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 condominium is available for sale in a central location within Hampton’s Business District on Route 1. The 595± square foot unit features a flexible floor plan, including a reception area with storefront windows, a private office, and a half bath. The property benefits from high visibility on Route 1, ample surface parking, and traffic counts exceeding 20,000± vehicles per day. The central location provides convenient access to I-95 and Route 101. It is suited for a range of uses, including retail, restaurant, healthcare, banking, professional offices, and medical practices. Neighboring businesses include Domino’s, Victoria’s Kitchen, Eco Chick Beauty Shop, and a local coin store. The property has a bike score of 51, indicating it is bikeable, and a walk score of 61, indicating it is somewhat walkable.
Key Highlights
- Prime central location in Hampton's Business District on busy Route 1 with excellent exposure.
- High traffic counts exceeding 20,000 VPD.
- Flexible 595 SF floor plan suitable for various uses.
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
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
601
Businesses Nearby
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Retail space - Retail/office condo in Hampton's business district with high traffic.
Where is this retail space located?
The property is located at 725 Lafayette Rd 5 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: Prime central location in Hampton's Business District on busy Route 1 with excellent exposure.; High traffic counts exceeding 20,000 VPD.; Flexible 595 SF floor plan suitable for various uses.
