11 Tracy LnHudson, NH 03051

Property Details for 11 Tracy Ln

Year built

1985

Lot size

1.50 AC

Property size (Sq ft)

1,600 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional value-add investment opportunity presents two contiguous retail or office condos totaling 1,600 square feet, ideally situated just off Route 102 in Hudson, New Hampshire. Located in Hillsborough County, at 11 Tracy Ln, zip code 03051, this property benefits from high visibility and significant traffic flow between Hudson/Nashua and Londonderry/Derry/Interstate 93. The property features two units (E & F) currently fully tenanted, offering immediate cash flow. Unit specifics include four offices, a conference room, a kitchen, a warehouse, shipping/receiving area with an 8' overhead drive-in door, and an 8x12 storage area. The units boast 12' ceilings, electric heat and power, 100% central air conditioning, and two restrooms. The 1.5-acre lot provides ample parking (25 spaces) and excellent signage opportunities. One tenant lease expires December 31, 2024 (unless option exercised), and the other on August 1, 2025 (unless option exercised). The property is zoned BD and was built in 1985. Currently generating a 6% cap rate with over $12,000 annual cash flow, this is a strong investment opportunity. The asking price is $225,000 ($140.62/sq ft). Prospective buyers are advised to conduct thorough due diligence.

Location Insight

City

Hudson

County

Hillsborough

State

New Hampshire

Latitude

42.823

Longitude

-71.4116

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