Chase Bank | Williamsburg, VA 6720 Mooretown Rd 3,996 SF Retail Building Williamsburg, VA 23188 $3,120,000 ($780.78/SF) 5% Cap Rate

CBRE is pleased to exclusively present for sale this 3,996 square foot Chase Bank branch located at 6720 Mooretown Road in Williamsburg, Virginia. Originally constructed in 2006 and fully renovated in 2025, the property is leased on a brand-new 15-year absolute NNN ground lease to JPMorgan Chase Bank, N.A., the largest bank in the United States with an S&P credit rating of AA–. The lease, which commenced May 21, 2025, features 10% rental increases every five years during both the base term and four five-year renewal options, providing durable income growth and long-term stability.
The ground lease structure places all maintenance, repair, and replacement obligations — including roof and structure — on the tenant, creating a truly passive investment with zero landlord responsibilities. The property is offered fee simple and includes 24 on-site parking spaces on a 1.16-acre parcel. JPMorgan Chase Bank, N.A. is a publicly traded (NYSE: JPM) company with more than 4,700 branches, $3.9 trillion in assets, and a $566 billion market cap, ensuring institutional-grade security of income. The lease also includes a right of first refusal and a tenant option to terminate at the end of the 10th lease year with nine months’ prior notice, providing both investor flexibility and long-term credit-backed stability.