Sold Subscription Required
| Price $10,650,000 | Tenant Chase Bank | |
| Cap Rate 4.69% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
5,207
| Lease Start
11-01-2025
| #Units
4,700
|
| Price/SF $2,045.32 | Expiration
11-01-2040
| Tenant Type Bank/Financial |
| NOI $500,000 | R. Term 15.2 | Ownership Ground Lease |
| Rent/SF
$96.02
| Increases 10.0%/6/yrs | Pop 5Mi 752,599 |
| Lot/AC 0.87 | Options 4/5yrs/10% | AHHI 5Mi $147,116 |
| | |
Chase Bank is strategically located along West Sunrise Highway (NY-27) in Valley Stream, NY. The site is surrounded by major national retailers including Target, Home Depot, Walmart, Best Buy, Staples, Stop & Shop, TJ Maxx, and Starbucks, driving consistent consumer traffic to the area. The property is located near several schools, residential communities, and new developments such as Valley...
...New construction
Build to suit
High traffic 50M+ VPD
Freeway close
Dense 200M+ pop 5 mi
Major MSA
Brand new lease
Long 15+ yr lease
Traded and rated company
Corporate Guarantee
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....
Albuquerque, NM
Cap Rate 5.00%
Lease Abs NNN
R. Term 9.20 yrs
Size/SF 8,000
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
