67 River Rd Bedford, NH 03110

Exceptional investment opportunity: a brand-new, 3,346 square foot Chase Bank located at 67-69 S River Rd, Bedford, NH, is available for purchase. This property boasts a 15-year absolute NNN ground lease with six 5-year renewal options, commencing in Q4 2024. The lease includes 10% rent escalations at the start of each option period and throughout the initial term, ensuring consistent income growth. The current annual rent is $160,000, yielding a 5.00% cap rate on the $3,200,000 asking price. Situated on a 0.88-acre lot with 25 parking spaces, this property benefits from its prime location on Bedford's primary retail corridor, South River Road, with high visibility and convenient access to US-3 and Interstate 293 (86,908 VPD). The surrounding area features a strong tenant lineup including Whole Foods, Lowe's, Target, Trader Joe's, Hannaford, and HomeGoods. This investment offers minimal landlord responsibilities, a completely passive income stream, and a corporate guarantee from JPMorgan Chase (NYSE: JPM), an investment-grade tenant with an A+ credit rating (S&P). The property is zoned PZ-Performance and was built in 2024. The robust demographics, with 147,646 people earning over $115,000 within a 5-mile radius, further enhance the investment potential. This is a rare opportunity to acquire a newly constructed, high-performing asset with significant long-term growth prospects.