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    Property profile & analytics
    OFF-MARKET Estimated value $32,060,000
    Commercial real estate

    700 Lafayette Rd 2, Seabrook, NH 03874-6202

    120,362 SF 32.29 ac lot Built 2013
    Individually Owned 4-yr Hold Free & Clear
    Property ID
    US58-0419816
    Property summary
    AI-generated overview

    Seabrook Commons, a thriving retail center in Seabrook, NH, offers exceptional opportunities for businesses seeking high-traffic locations. Situated less than two miles from the Massachusetts border, this property enjoys significant draw from a large trade area, boosted by its convenient proximity to I-95 and the attraction of tax-free shopping. The center boasts a total of 393,000 square feet, with two available spaces ranging from 2,000 to 5,740 contiguous square feet. A total of 7,740 square feet is currently vacant, presenting immediate occupancy possibilities. The property features a strong tenant mix, ensuring a vibrant and successful retail environment. Excellent visibility and accessibility are key advantages, with prominent signage and ample parking along heavily trafficked US Route 1. This location benefits from being in one of New Hampshire's most robust retail markets. The property includes 76 total parking spaces to accommodate customers and employees. Located in Rockingham County, this retail center provides a strategic location for businesses seeking to capitalize on the region's strong retail demand. The minimum divisible space is 2,000 square feet, making it suitable for a variety of retail and medical uses.

    Property profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL CONDOMINUIM
    Year built 2013
    Construction STEEL FRAME
    Total area 120,362 SF
    Lot 32.29 ac (1,406,552 SF)
    Zoning code LA4
    APN SEAB M:8 B:55 L:200
    UPID US58-0419816
    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
    Current use
    Occupant on record · Public records
    • Yankee Candle Home Decor Store
    • Maurices Clothing & Fashion Store
    • Walmart Photo Center (Bike/Boat/Book/etc) Store
    • N & K Nails Nail Salon
    • GNC (Bike/Boat/Book/etc) Store Pharmacy
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $39.21M
    Blend (final) Blend
    $32.06M
    Owner & transaction history
    B33 Seabrook Commons 2 · 4 yrs held
    B33 Seabrook Commons 2
    since 2021
    Last sale
    $30.4M
    2 recorded transactions
    2021
    $30.4M
    1969
    Zoning & alternative use
    LA4 · Seabrook, NH
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $31.7M +14.2%
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