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Chase Bank Ground Lease 449 York Rd 5,000 SF 4-Star Retail Building New Hope, PA 18938 $3,500,000 ($700/SF) 5% Cap Rate
Investment Highlights
- New 15-Year Absolute NNN Corporate Ground Lease with 10% Increases Every 5 Years
- Leading Financial Services Firm Based in the U.S. with $4.6 Trillion in Assets
- Significant Capital Investment by Tenant to Build New Bank Branch
- Investment Grade Tenant (NYSE: JPM; S&P: AA-), 5,300+ Branches in 48 States
- Chase Has Opened More Branches Than All Large Bank Peers Combined Over the Last 7 Years
- Centrally Located Between New York City and Philadelphia
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,000 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$3,500,000
Price Per SF
$700
Cap Rate
5%
NOI
$175,000
Tenancy
Single
Building Height
1 Story
Building FAR
1.04
Lot Size
0.11 AC
Zoning
HC
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 41-022-143-001 | Improvements Assessment | $62,400 |
| Land Assessment | $0 | Total Assessment | $62,400 |
Property Taxes
Parcel Number
41-022-143-001
Land Assessment
$0
Improvements Assessment
$62,400
Total Assessment
$62,400
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Chase Bank Ground Lease | 449 York Rd
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