181 Silver St Dover, NH 03820

This exceptional investment opportunity presents a fee-simple condominium interest in a 14,698 square foot CVS Pharmacy located at 181 Silver St Unit 2A, Dover, NH 03820. The property boasts a strong 5.00% cap rate and a substantial net operating income (NOI) of $220,000. Built in 2021, this single-story building sits on a 1.53-acre lot and is part of a five-unit mixed-use development, Silver Square, strategically located at a high-traffic intersection of Silver Street (NH Route 9), Knox Marsh Road, and the Spaulding Turnpike on-ramp. The Absolute NNN ground lease with CVS Pharmacy, a credit-rated, publicly traded company, has a remaining term of 17.2 years, extending to January 31, 2042, with five 5-year renewal options and built-in rent bumps. The property benefits from excellent visibility and signage along the Spaulding Turnpike, a major commuter highway, and is conveniently located near downtown Dover, residential areas, schools, and Wentworth-Douglass Hospital. The property enjoys high daily traffic counts exceeding 15,400 vehicles at the intersection and over 49,500 vehicles on the adjacent Spaulding Turnpike. The surrounding area features a strong demographic profile, with approximately 30,900 people within a 3-mile radius and an average household income exceeding $120,000. Numerous other retailers and businesses in the immediate vicinity further enhance the property's desirability. This is a rare opportunity to acquire a high-performing, low-maintenance investment with a long-term, secure lease and significant upside potential. The property is 100% occupied.