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Ground-Leased Bank Property
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828 Central Avenue, Dover, NH 03820

Stand-alone bank at a signalized intersection near major retail and employment centers.

Property SizeContact for details
Days on Market144

Property Features for 828 Central Avenue

General Information

Standard status Active
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: Horvath & Tremblay
Listed By: Bob Horvath · License #CT 756500
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 8:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Horvath & Tremblay

Investment Insights

Based on property information with market context.

This stand-alone Newburyport Five Cents Savings Bank occupies a ground-leased parcel at 828 Central Avenue in Dover, New Hampshire. The property is positioned at the signalized junction of Central Avenue and Glenwood Avenue, along Dover’s primary retail corridor, with the bank building serving as the site’s sole improvement.

The initial ground-lease term began August 1, 2018, and runs for 10 years. The parcel fronts Garrison Commons, a retail development anchored by ALDI Supermarket and accompanied by an inline plaza with Chipotle, Firehouse Subs, and Sports Clips. Wentworth-Douglass Hospital, a 178-bed regional healthcare facility within the Massachusetts General Hospital System, is nearby. Liberty Mutual and Lincoln Financial Group operate from a corporate campus approximately 1.5 miles away.

Key Highlights

  • Newburyport Five Cents Savings Bank occupies a stand‑alone building on the parcel
  • Initial 10‑year ground‑lease term commenced August 1, 2018
  • Signalized intersection of Central Avenue and Glenwood Avenue

Property Analytics

Current Use

ALDI Specialty Food Shop Stevens H Insurance Agency

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Kitchen & Bath Showroom Auto Repair Shop Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

993
Businesses Nearby
238k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 48% Groceries 33% Shops & Services 13% Beauty & Spa 3%
Hannaford Groceries
41,782 visits/mo 0.1 miles
McDonald's Dining
38,277 visits/mo 0.4 miles
Shaw's Supermarket Groceries
21,229 visits/mo 0.1 miles
Wendy's Dining
18,695 visits/mo 0.4 miles
Panera Bread Dining
17,043 visits/mo 0.1 miles

Demographics for 03820, NH

32,800
Population
15,460
Households
2.1
Avg Household Size
38
Median Age
49%
College-Educated
96%
High-School Grad
27.3 sq mi
ZIP Area
1,201
Density / Sq Mi
$92,793
Median Household Income
$53,890
Median Earnings
$1,540
Median Rent
$397,900
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Stand-alone bank at a signalized intersection near major retail and employment centers.
Where is this bank located?
The property is located at 828 Central Avenue Dover, NH.
What are key features of this property?
This property features: Newburyport Five Cents Savings Bank occupies a stand‑alone building on the parcel; Initial 10‑year ground‑lease term commenced August 1, 2018; Signalized intersection of Central Avenue and Glenwood Avenue
More about this property
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