66 Gilcreast RdLondonderry, NH 03053

This exceptional investment opportunity presents a newly constructed, 3,200 square foot Chase Bank building situated on a 1.27-acre lot in Londonderry, New Hampshire. The property boasts a prime location at the signalized intersection of Gilcreast Road and Nashua Road (NH Route 102), a major commercial corridor, with excellent visibility and frontage. Conveniently located 0.5 miles from Interstate 93 and approximately 2 miles from Londonderry schools, Downtown Derry, and Parkland Medical Center, the bank benefits from high traffic counts (approximately 38,700 vehicles daily) and a strong demographic profile, with over 33,400 people residing within a 3-mile radius and an average household income exceeding $134,000. The property is surrounded by numerous national retailers, including three grocery stores, ensuring consistent foot traffic. This absolute NNN ground lease with Chase Bank, a credit-rated tenant with a corporate guarantee, offers a 15-year term commencing August 1, 2024, with six 5-year renewal options and 10% rent bumps every five years. The property generates a Net Operating Income (NOI) of $225,000, representing a 4.85% cap rate and an asking price of $4,639,175. The lease structure eliminates management responsibilities for the investor, providing a low-maintenance, high-return investment. The strong tenant, prime location, and built-in rent increases make this a compelling opportunity in a thriving New Hampshire market.