5 Sargents Pl - Retail FOR SALE


Gilford, NH 03249
$3,279,145 USD
781-776-4012
5 Sargents Pl, Gilford, NH for Sale
$3,279,145 USD
Retail - FOR SALE
1/8
null | 5.5% Cap Rate

5 Sargents Pl
Gilford, NH 03249


HIGHLIGHTS

  • New Construction
  • Attractive Rent Increases
  • Dynamic Tenant
  • Zero Management Responsibilities
  • Outstanding Location
  • Lakes Region

OVERVIEW

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

FOR SALE DETAILS

PRICE

$3,279,145 USD

PRICE/SF

$1,426 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Service Credit Union

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2024

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.59 AC

LAND SF

25,700 SF

ZONING

C

APN/PARCEL ID

GIFL-000201-000012

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.