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    Property profile & analytics
    OFF-MARKET Estimated value $695,000
    Retail properties & Spaces

    1339 Hooksett Rd, Hooksett, NH 03106-1847

    7,225 SF 1.32 ac lot Built 2020
    Individually Owned 16-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US58-0705869
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a 7,280 square foot, Class A, O'Reilly Auto Parts store located at 1339 Hooksett Rd, Hooksett, NH 03106. Built in 2019 on a 1.34-acre lot, this single-tenant net lease property boasts a strong corporate guarantee from O'Reilly Auto Parts (NASDAQ: ORLY), a Fortune 500 company with an S&P investment grade credit rating of "BBB" and annual revenue exceeding $14.4 billion. The lease, expiring October 15, 2034, offers a remaining term of approximately 9.9 years, with built-in rent bumps of 6% every 5 years, starting in 2029. The property generates a substantial net operating income (NOI) of $148,021, resulting in an attractive 5.85% cap rate. Situated in a high-traffic area with daily vehicle counts exceeding 30,000, the property benefits from excellent visibility and accessibility. The affluent location, with average household incomes exceeding $115,000 within a 3-mile radius, is proximate to numerous national retailers including Target, Home Depot, Walmart, and more. Its proximity to downtown Manchester, NH, Boston, MA, and Southern New Hampshire University further enhances its appeal. The property's strategic location near major transportation routes and a large concentration of employees adds to its investment strength. This is a rare opportunity to acquire a high-quality, long-term net lease investment with a strong tenant and significant upside potential. The asking price is $2,530,274.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Use group DEPARTMENT STORE
    Year built 2020
    Construction STEEL FRAME
    Total area 7,225 SF
    Lot 1.32 ac (57,499 SF)
    Zoning code PZ
    APN HOOK M:25 B:10
    UPID US58-0705869
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $704k
    Blend (final) Blend
    $695k
    Owner & transaction history
    John M Kelly · 16 yrs held
    John M Kelly
    since 2009
    3 recorded transactions
    2009
    2006
    2005
    Zoning & alternative use
    PZ · Hooksett, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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