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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$510,754
6.5%
$471,465
7%
$437,789
Comparable approach
Method
Valuation
Relative Method
$366,893
Geo Method
$366,893
Alternative Use
Use
Valuation
Industrial / Distribution
$919,403
Mixed-Use / Specialty
$469,784
Hospitality / Lodging
$344,666
Office
$466,993
Institutional / Educational
$488,386
Residential Income
$571,412
Multifamily
$685,321
Automotive / Energy
$418,617
Parking / Income-Based Land
$144,460
Restaurant / Food Service
$244,338
Healthcare / Senior Housing
$481,755
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
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Dracut Rd Hudson, NH 03051
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Dracut Rd Hudson, NH 03051
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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