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| Price $2,632,000 | Built/Renov 1991/2023 | Tenant Chase Bank |
| Cap Rate 6.25% | Lease Type
NN+ | Guarantor Corp T and Rated |
| Size/SF
9,261
| Lease Start
11-01-1991
| #Units
4,784
|
| Price/SF $284.20 | Expiration
12-31-2028
| Tenant Type Bank/Financial |
| NOI $164,495 | R. Term 4.2 | Ownership Fee Simple |
| Rent/SF
$17.76
| Increases 10.0%/5/yrs | Pop 5Mi 329,290 |
| Lot/AC 1.74 | Options 2/5yrs/10% | AHHI 5Mi $85,175 |
| | |
Chase Bank is strategically located on Edgebrook Drive with access to 13,430 vehicles passing per day. It is positioned near the intersection of I-45 and Edgebrook Drive with a combined traffic count of 194,000 VPD. National retailers in the immediate trade area include Walmart Supercenter, Ross, Marshalls, Adli, PetSmart, and many more. The subject property is located approximately 2.5 miles...
...Recent renovation
Near major nationals
Freeway visibility
Dense 200M+ pop 5 mi
Top 100 MSA
Income tax free state
Long operation history
Below Market Rent
Favorable NN+ 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. Chase...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 20,840 | 131,226 | 318,044 |
| 2023 Total Population : | 21,221 | 131,611 | 319,026 |
| 2023 Employed Civilian Pop : | 9,534 | 60,637 | 145,105 |
| 2023 Total Businesses : | 637 | 4,292 | 9,520 |
| 2023 Average Household Income : | $ 69,290 | $ 71,816 | $ 76,185 |
| 2023 Total Consumer Spending : | $ 419 M | $ 2758 M | $ 7044 M |
| 2023 Median Age : | 30 | 31 | 32 |
| 2023 Total Households : | 6,846 | 43,497 | 105,003 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,262 | 8,391 | 23,247 |
| 2023 Average Home Value : | $ 200,821 | $ 206,197 | $ 220,418 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| Edgebrook Dr | Gulf Fwy | 2011 | 28,480 | 0.07 mi |
| Clearwood Street | Edgebrook Dr | 2019 | 30,541 | 0.21 mi |
| Clearwood St | Edgebrook | 2011 | 29,190 | 0.26 mi |
| Rodney St | Shawnee St | 2014 | 1,400 | 0.26 mi |
| I- 45 | Edgebrook Dr | 2011 | 206,000 | 0.28 mi |
| Edgebrook Dr | Rodney St | 2014 | 35,574 | 0.28 mi |
| Edgebrook | Clearwood St | 2011 | 4,860 | 0.33 mi |
| Rodney St | Edgebrook Dr | 2014 | 1,664 | 0.33 mi |
| Shawnee St | Gulf Fwy | 2001 | 2,110 | 0.33 mi |
| Gulf Freeway Frontage Road | Mosley Rd | 2021 | 30,319 | 0.37 mi |
Pawtucket, RI
Cap Rate 5.25%
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Size/SF 3,295
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Cherry Hill, NJ
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Camp Hill, PA
Cap Rate 6.15%
Lease NN+
R. Term 9.10 yrs
Size/SF 4,370
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
