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27546363
27546380

11 Kimball Dr, Hooksett, NH 03106

ZS
NH 076508, MA MA 9554172
Zhuoming Sun
Listed by Zhuoming Sun
$5,400,000
252 days on market
Updated 9 days ago

Riverside Plaza

Details
Property Type Office, Retail
Sub Type Medical Office, Shopping Center
Square Footage 38,400
Net Rentable (SqFt) 38,400
Units 32
Cap Rate 7.77%
NOI $419,413
Occupancy 100%
Tenancy Multi
Lease Type Modified
Price per SqFt $141
Year Built 1996
Year Renovated 2017
Buildings 1
Stories 1
Acreage 6.600
Zoning MUD3
Investment Type Stabilized
Ownership Fee simple
Sale Condition 1031 exchange

Office | 7.77% CAP | 38,400 SqFt

Marketing description

Realty One Group Nest is pleased to present a rare opportunity

to acquire a stabilized, income-producing multi-tenant retail

plaza in Hooksett, New Hampshire. Priced at $6 million, this

38,400 SF center is situated on 6.6 acres and boasts a 100%

occupancy rate, delivering immediate cash flow with a strong

Net Operating Income of $419,799.

Ideally located just off I-93 and US Route 3A, the property

benefits from excellent accessibility and high daily traffic

counts. The tenant mix is both diverse and resilient, with 50% of

the space occupied by medical tenants, and the remaining space

leased to a strong roster of local and regional retailers and

service providers that cater to the daily needs of the

surrounding community.

Investment highlights

Property Type: Multi-Tenant Retail

Ownership: Fee Simple

Occupancy: 100%

Year Built/Renovated: 1996/2017

Strategic Location: Immediate access to I-93 and US Route 3A

Strong Tenant Mix: 50% Medical / 50% Retail & Services

Built-in Growth: Scheduled rent escalations in nearly all leases

Future Expansion with 2,200 SQ FT Drive Through Ground

Lease Available

Listing Contacts

ZS
NH 076508, MA MA 9554172
Zhuoming Sun
Listed by Zhuoming Sun

Valuation Calculator

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$419,413.00
$34,951.08/mo

Valuation Metrics

0
DSCR
7.77%
Cap Rate
7.77%
ROI

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Additional Information

Name
Zhuoming Sun
License
076508
Brokerage
Realty One Group Reliant
Brokerage Phone
603-490-4743
Brokerage Address
23 South Broadway
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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