2 Dracut RdHudson, NH 03051

Property Details for 2 Dracut Rd

Year built

1968

Construction

FRAME

Lot size

1.15 AC

Property size (Sq ft)

2,700 SF

Zone code

BD

Property type

Retail properties

Property subtype

Retail space

APN

HDSO M:234 B:044 L:000

APU

HDSOM234B044L000

Description

This exceptional commercial real estate opportunity presents a single-tenant ground lease for a retail space totaling 2,500 square feet. Situated on a 1.17-acre lot in Hudson, New Hampshire, this property boasts unparalleled visibility at a busy, well-lit intersection on Dracut Road/Route 3A. The location benefits from an impressive 22,175 average annual daily traffic (AADT) as reported by the New Hampshire Department of Transportation in 2023. This high-traffic area ensures significant exposure for any retail business. A key advantage is the property's proximity to a major new development: the planned 1.4 million square foot Target distribution center at the Hudson Logistics Center, located directly across the street. This development will significantly increase traffic and consumer activity in the immediate vicinity. Furthermore, the property enjoys a strategic location less than one mile from a concentration of established national and regional retailers, including Walmart, Sam's Club, McDonald's, Starbucks, Jersey Mike's Subs, Dunkin', Market Basket, Digital Federal Credit Union, Goodwill, Burger King, a New Hampshire Liquor and Wine Outlet, and Rite Aid. The property is zoned for commercial use and features one existing building, currently vacant, offering a blank canvas for a new tenant to customize the space to their specific needs. This is a rare opportunity to establish a retail presence in a thriving and rapidly growing area. The entire 2,500 square feet is available.

• CAP approach

  CAP return

  Valuation

  6%

  $656,194

  6.5%

  $605,718

  7%

  $562,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $889,011

  Geo Method

  $889,011

• Alternative Use

  Use

  Valuation

  Residential

  $510,946

  Hospitality

  $468,023

  Educational

  $389,390

  Medical

  $402,782

  Retail

  $605,718

Location Insight

City

Hudson

County

Hillsborough

State

New Hampshire

Latitude

42.7196

Longitude

-71.4177

CBSA code

31700

CBSA name

MANCHESTER-NASHUA, NH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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