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| Price $4,639,175 | Built/Renov 2024 | Tenant Chase Bank (GL) |
| Cap Rate 4.85% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
3,200
| Lease Start
08-01-2024
| #Units
5,100
|
| Price/SF $1,449.74 | Expiration
07-31-2039
| Tenant Type Bank/Financial |
| NOI $225,000 | R. Term 14.8 | Ownership Ground Lease |
| Rent/SF
$70.31
| Increases 10.0%/5/yrs | Pop 5Mi 64,390 |
| Lot/AC 1.27 | Options 6/5yrs/10% | AHHI 5Mi $154,291 |
| | |
Chase Bank is strategically located at the signalized, hard corner intersection of Gilcreast Road and Nashua Road/NH Route 102, the area's primary commercial and commuter corridor, with access to 38,700 vehicles passing by daily. Moreover, it is conveniently situated just 0.5 miles from Interstate 93 and approximately 2 miles from the Londonderry schools, Downtown Derry, and the Parkland...
...New construction
Signalized intersection
Dense retail corridor
Near major nationals
Top 100 MSA
Affluent AHHI $100K 5 Mi
Brand new lease
Long operation history
Long 15+ yr lease
Traded and rated company
JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank. Founded in 1877, The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000....
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 3,181 | 35,210 | 66,195 |
| 2023 Total Population : | 3,037 | 34,051 | 64,449 |
| 2023 Employed Civilian Pop : | 1,600 | 19,358 | 36,753 |
| 2023 Total Businesses : | 455 | 1,723 | 2,647 |
| 2023 Average Household Income : | $ 106,057 | $ 119,421 | $ 136,760 |
| 2023 Total Consumer Spending : | $ 118 M | $ 1410 M | $ 2841 M |
| 2023 Median Age : | 44 | 41 | 41 |
| 2023 Total Households : | 1,307 | 13,842 | 24,503 |
| 2023 Pop Age 25+: Bachelor's Degree : | 626 | 6,456 | 12,943 |
| 2023 Average Home Value : | $ 406,580 | $ 440,753 | $ 477,386 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Gilcreast Road | Sugarplum Ln | 2022 | 7,723 | 0.02 mi |
| Gilcreast Rd | Nashua Rd | 2021 | 8,597 | 0.02 mi |
| Palmer Drive | Nashua Rd | 2019 | 510 | 0.12 mi |
| Garden Lane | Nashua Rd | 2018 | 771 | 0.14 mi |
| Michels Way | Nashua Rd | 2020 | 422 | 0.15 mi |
| Gilcreast Road | Nashua Rd | 2018 | 10,836 | 0.17 mi |
| Gilcreast Rd | Nashua Rd | 2010 | 10,000 | 0.17 mi |
| Hampton Drive | Nashua Rd | 2019 | 510 | 0.18 mi |
| Devonshire Lane | Orchard View Dr | 2019 | 510 | 0.19 mi |
| Nashua Road | Palmer Dr | 2022 | 33,559 | 0.20 mi |
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
