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| Price $3,883,043 | Built/Renov 1975 | Tenant Chase Bank |
| Cap Rate 5.75% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
3,176
| Lease Start
02-23-1976
| #Units
5,100
|
| Price/SF $1,222.62 | Expiration
10-31-2036
| Tenant Type Bank/Financial |
| NOI $223,275 | R. Term 12.1 | Ownership Fee Simple |
| Rent/SF
$70.30
| Increases 10.0%/12/yrs | Pop 5Mi 253,663 |
| Lot/AC 1.15 | Options 2/5yrs/10% | AHHI 5Mi $94,633 |
| | |
Chase Bank is strategically located at the signalized, hard corner intersection of Bardstown Road and Bashford Manor Lane, with access to a high daily traffic count of 50,342 vehicles. The property's proximity to Interstate 264, which sees 182,000 VPD, further enhances its accessibility. Additionally, it serves as an outparcel of a shopping center anchored by Lowe’s Home Improvement, Target,...
...Signalized intersection
High traffic 50M+ VPD
Shopping Ctr out-parcel
Top 100 MSA
Strong demographics
Long operation history
Recently extended lease
Traded and rated company
Corporate Guarantee
Investment grade tenant
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. Chase...
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Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
