1292 Hooksett RdHooksett, NH 03106

Property Details for 1292 Hooksett Rd

Year built

2008

Construction

STEEL FRAME

Lot size

21.52 AC

Property size (Sq ft)

48,550 SF

Zone code

PZ

Property type

Retail properties

Property subtype

Other retail properties

APN

HOOK M:25 B:70

APU

HOOKM25B70

Description

This exceptional investment opportunity presents the Shoppes at Hooksett Landing, a thriving 50,254 square foot neighborhood shopping center ideally located at 1292 Hooksett Road in Hooksett, New Hampshire. Situated on a substantial 21.52-acre parcel at the intersection of Route 3 and Benton Road, this property boasts unparalleled visibility and accessibility, benefiting from over 26,000 vehicles per day. The center features a diverse mix of nationally recognized and established tenants, including Planet Fitness, Advanced Auto Parts, Santander Bank, and Verizon Wireless. Adding to its strength are several high-traffic outparcel businesses such as Walgreens and Dunkin', further solidifying its position as a retail destination. Long-term leases are in place with a stable and consistent rental income stream, making this a highly stabilized investment. The property's well-maintained condition and performance within Hooksett's most dynamic retail corridor make it an attractive asset for discerning investors seeking a secure and profitable return. This is a rare opportunity to acquire a premier retail center in a rapidly growing market. The property's strategic location and strong tenant mix ensure continued success and significant long-term value.

• CAP approach

  CAP return

  Valuation

  6%

  $11,799,345

  6.5%

  $10,891,703

  7%

  $10,113,724

• Comparable approach

  Method

  Valuation

  Relative Method

  $15,985,728

  Geo Method

  $15,985,728

• Alternative Use

  Use

  Valuation

  Residential

  $9,187,559

  Hospitality

  $8,415,755

  Educational

  $7,001,809

  Medical

  $7,242,612

  Retail

  $10,891,703

Location Insight

City

Hooksett

County

Merrimack

State

New Hampshire

Latitude

43.0515

Longitude

-71.44

CBSA code

18180

CBSA name

CONCORD, NH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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