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    67 S River Rd Bedford, NH 03110

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    For Sale
    $3,200,000

    Newly constructed Chase Bank in Bedford, NH, opening Q4 2024.

    Property size:
    3,346 SF
    Lot size:
    0.88 Acres

    Property Features for 67 S River Rd

    General Information

    Size
    3,346 SF
    Lot size
    0.88 Acres

    Source: Atlantic Retail - Corporate Agent Eric Suffoletto

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Chase Bank For Sale

    A newly constructed Chase Bank is available for sale at 67-69 South River Road in Bedford, New Hampshire. This prototype branch, spanning 3,346 square feet, is currently under construction and is projected to open in Q4 2024. The property is strategically located on South River Road, Bedford’s primary retail corridor, alongside tenants such as Whole Foods, Lowe’s, Target, Trader Joe’s, Hannaford, and HomeGoods. The site offers high visibility along US-3 and convenient access to Interstate 293, which sees a daily traffic volume of 86,908 vehicles. Chase Bank has secured a 15-year Ground Lease, set to commence in Q4 2024. The lease includes six five-year renewal options and features 10% rent escalations at the start of each option period and through the initial term. The current annual rent is $160,000. This investment offers new construction and long-term passive income.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Bedford
    County
    Hillsborough
    State
    New Hampshire
    Longitude
    -71.4788041
    Latitude
    42.9594688

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    FAQs

    What type of property is this?
    Bank - Newly constructed Chase Bank in Bedford, NH, opening Q4 2024.
    Where is this bank located?
    The property is located at 67 S River Rd Bedford, NH.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: - Brand new 15-year Ground Lease with Chase Bank, commencing Q4 2024, providing long-term, stable income.; - Located on Bedford's primary retail corridor (South River Road) with high-profile neighboring tenants.; - New construction (3,346 SF prototype branch) minimizing immediate capital expenditures.
    (617) 239-3600
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    67 S River Rd Bedford, NH 03110
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    Bedford, NH 03110
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    67 S River Rd Bedford, NH 03110
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