1339 Hooksett Rd, Hooksett, NH 03106-1847
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
PZ · Hooksett, NHHooksett. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.