13661 S Route 59 | Plainfield, IL 60544
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- LoopNet Team
13661 S Route 59
Plainfield, IL 60544
Chase Bank - Absolute Net Ground Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Corporately Owned and Operated JP Morgan Chase with over 16.8 Years Remaining on the lease term | Investment Grade Credit Tenant
- Above average branch deposits in 2021 of over $253,000,000 which Represents almost a 30% market share within the zip code
- Two, 10 Year Tenant Renewal Options | Next 10% rental increase November 2023
- JP Morgan Chase, holds an S&P (A+), is currently the number 1 largest financial institution in the US holding roughly $2.6 Trillion in assets
- Absolute Triple Net Groundlease with Zero Landlord Responsibilities | Rental Escalations of 10% Every Five Years
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
4,600 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.04 AC
PROPERTY TAXES
| Parcel Number | 06-03-03-101-010 | Improvements Assessment | $176,649 |
| Land Assessment | $196,308 | Total Assessment | $372,957 |
PROPERTY TAXES
Parcel Number
06-03-03-101-010
Land Assessment
$196,308
Improvements Assessment
$176,649
Total Assessment
$372,957
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