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Bridgestone - Hooksett, NH 1265 Hooksett Rd 5,000 SF Retail Building Hooksett, NH 03106 $3,028,990 CAD ($605.80 CAD/SF) 5.51% Cap Rate

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Investment Highlights

RARE LONG-TERM, INDIVIDUAL OR PORTFOLIO ACQUISITION OPPORTUNITY
NEWLY EXECUTED LONG-TERM LEASE

OFFERED FOR SALE FREE AND CLEAR OF DEBT
UNMATCHED DEMOGRAPHICS AND TRAFFIC

Executive Summary

Atlantic Capital Partners has been retained to market for sale 1265 Hooksett Road, a single-tenant property fully occupied by Bridgestone in Hooksett, NH. The 5,000 SF building sits on 0.82 acres and is secured by a lease through May 31, 2035, with four additional 5-year renewal options. Current annual rent is $122,000, equating to $24.40 per SF. The property recently underwent a comprehensive renovation, including roof replacement, electrical upgrades, and parking lot improvements. It offers excellent frontage and visibility along NH Route 28, with traffic counts exceeding18,700 vehicles per day. This investment provides future ownership with long-term, stable cash flow backed by a corporate tenant and minimal capital requirements due to the recent renovations. 1265 Hooksett Road is offered at $2,200,000, representing a 5.50% capitalization rate.

Hooksett - Bridgestone OM_New_LB_compressed

Property Facts

Sale Type

Investment

Sale Condition

1031 Exchange

Property Type

Retail

Property Subtype

Auto Repair

Building Size

5,000 SF

Building Class

Year Built

1990

Price

$3,028,990 CAD

Price Per SF

$605.80 CAD

Cap Rate

5.51%

NOI

$166,844 CAD

Tenancy

Single

Building Height

1 Story

Loading Docks

9 Exterior

Building FAR

0.14

Lot Size

0.82 AC

Zoning

Parking

24 Spaces (4.8 Spaces per 1,000 SF Leased)

Frontage

238’ on Hooksett Rd

Major Tenants

Services
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Since 1926, drivers have trusted Firestone Complete Auto Care to keep their vehicles running newer longer. And as America’s auto care needs have grown and changed, so have they. They’re a leading provider of maintenance, repairs and tires for a reason: because they believe in offering a complete auto care experience that perfectly meets customer needs. Their auto care advisors and service technicians take pride in understanding customers vehicle from bumper to bumper. Plus, they’ll always answer customers' questions and explain their work to customers so they feel comfortable from the moment they walk in until they’re back on the road. They promise to provide the best customer service and offer the right solutions, so they can feel confident in knowing they’re customers' complete auto care solution.