285 Loudon Rd - Bank FOR SALE


Concord, NH 03301
$2,910,000 USD
781-776-4012
285 Loudon Rd, Concord, NH for Sale
$2,910,000 USD
Bank - FOR SALE
1/7
null | 5.15% Cap Rate

285 Loudon Rd
Concord, NH 03301


HIGHLIGHTS

  • New Construction - Long Term Lease
  • Attractive Rent Increases
  • Dynamic Tenant
  • Outstanding Location
  • Area Development

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase the condominium interest in a new construction Service Credit Union located at 285 Loudon Road in Concord, New Hampshire (the “Property”). The new construction building contains 2,500 square feet and has two dedicated drive through lanes on a 0.69-acre parcel. Service Credit Union executed a twenty (20) year remaining Absolute NNN Ground Lease with four (4) five-year renewal options. The Lease calls for attractive 10% rent increases every five years throughout the primary lease term and at the start of the renewal option periods. The building is under construction with an anticipated rent commencement date of February 1, 2027. Service Credit Union occupies a highly visible location along Loudon Road (US Route 9), featuring prominent frontage and convenient ingress and egress. Situated within one of Concord’s main retail and commuter corridors, the Property is just moments from Sheep Davis Road (NH Route 106) and only minutes from downtown Concord, offering seamless connectivity to Interstates 93 and 393 and the broader regional roadway network. The surrounding trade area is anchored by a strong concentration of national retailers, restaurants, and service-oriented businesses, while nearby residential communities, medical facilities, industrial parks, and major employment centers help drive steady daily traffic from local residents, employees, and regional commuters alike.

FOR SALE DETAILS

PRICE

$2,910,000 USD

PRICE/SF

$1,164 USD /SF

CAP RATE

5.15%

% LEASED

-

TENANCY

Single

STATUS

Under Renovation

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Service Credit Union

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

-

APN/PARCEL ID

611/ Z 38/ 1/ /

ASK ABOUT THIS PROPERTY

Aaron HuntleyHorvath & TremblayMore Info
781-776-4012

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Aaron HuntleyHorvath & TremblayMore Info
781-776-4012

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.