Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Service Credit Union located at 5 Sargent Place in Gilford, New Hampshire (the “Property”). The new construction building contains 2,300 square feet and has a dedicated drive through lane on a 0.57-acre parcel. Service Credit Union has 13+ years remaining on their Absolute NNN Lease with one (1) five-year renewal option. The Lease calls for attractive 3% annual rent increases throughout the base term and renewal option period.
The Property is well located along Lakeshore Road (US Route 3), the area’s primary commercial and commuter corridor. The new construction Property offers good visibility and frontage and is positioned in the heart of the area’s commercial district, and is seconds from Walmart Supercenter, Shaw’s, Hannaford, and Lowe’s, all of which drive traffic to the area. The Property is 0.7-miles from Paugus Bay and 3-miles from Sanders Bay, both on the western shore of Lake Winnipesaukee, one of New England’s most popular tourist destinations and the gateway to New Hampshire’s Lakes region