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8527 Germantown Ave 4,575 SF Retail Building Philadelphia, PA 19118 $4,000,000 ($874.32/SF) 5.25% Cap Rate
Investment Highlights
- NEW 15-YEAR LEASE WITH BUILT-IN RENT GROWTH
- PRIME SIGNALIZED CORNER LOCATION
- PREMIER PHILADELPHIA NEIGHBORHOOD (CHESTNUT HILL)
- INVESTMENT GRADE CREDIT (S&P: AA-)
- RARE DEPRECIABLE CHASE BANK INVESTMENT
Executive Summary
Forged Real Estate is pleased to exclusively offer the opportunity to acquire the fee simple interest in a single tenant property leased to Chase Bank, (the “Property”) in the highly sought-after Chestnut Hill neighborhood of Philadelphia, Pennsylvania, just 9 miles from Center City. JPMorgan Chase recently executed a brand-new 15-year lease in December 2025, providing approximately 14.5 years of remaining term. The fee-simple double-net (NN) structure ensures minimal landlord responsibilities, while scheduled 10% rental increases every five years offer attractive, predictable income growth and a hedge against inflation. Unlike many single-tenant Chase Bank assets that are structured as ground leases, this fee simple investment offers the ability to depreciate the improvements, providing investors with valuable tax advantages not commonly found in single
tenant Chase Bank deals. Chase Bank (NYSE: JPM) stands as one of the highest rated retail tenants commonly seen in the net lease market offering an investment grade credit rating of AA- (S&P). Chase offers more than 5,000 branches and 15,000 ATMs nationwide and is one of the most well-capitalized banks in the world and the highest ranked megabank on Fortune Magazine’s list of “World’s Most Admired Companies” in 2026.
Chase Bank occupies a prime signalized corner at the intersection of Germantown Avenue (10,800 VPD) and Evergreen Avenue, offering exceptional visibility, strong frontage, and consistent traffic exposure. The site’s prominent positioning is further enhanced by its location less than ½ mile from Temple Health – Chestnut Hill Hospital, a 148-bed inpatient and outpatient facility employing more than 350 board-certified physicians. This nearby healthcare anchor generates steady daytime population and employment driven traffic, supporting recurring customer activity and demand for financial services.
tenant Chase Bank deals. Chase Bank (NYSE: JPM) stands as one of the highest rated retail tenants commonly seen in the net lease market offering an investment grade credit rating of AA- (S&P). Chase offers more than 5,000 branches and 15,000 ATMs nationwide and is one of the most well-capitalized banks in the world and the highest ranked megabank on Fortune Magazine’s list of “World’s Most Admired Companies” in 2026.
Chase Bank occupies a prime signalized corner at the intersection of Germantown Avenue (10,800 VPD) and Evergreen Avenue, offering exceptional visibility, strong frontage, and consistent traffic exposure. The site’s prominent positioning is further enhanced by its location less than ½ mile from Temple Health – Chestnut Hill Hospital, a 148-bed inpatient and outpatient facility employing more than 350 board-certified physicians. This nearby healthcare anchor generates steady daytime population and employment driven traffic, supporting recurring customer activity and demand for financial services.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,575 SF
Building Class
C
Year Built
1927
Price
$4,000,000
Price Per SF
$874.32
Cap Rate
5.25%
NOI
$210,000
Tenancy
Single
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.19 AC
Zoning
CMX - 2.5 - Philadelphia commercial mixed-use zoning district designed for active, pedestrian-friendly.
Parking
7 Spaces (1.2 Spaces per 1,000 SF Leased)
Frontage
66’ on Germantown Ave
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Finance and Insurance
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$9.99
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Lorem Ipsum
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Jan 0000
Chase traces roots to the Bank of the Manhattan Company, founded in 1799, and the Chase National Bank, founded in 1877, later becoming part of JPMorganChase. The company provides consumer banking, credit cards, mortgages, auto financing, small-business banking, commercial banking, and investing and retirement products. Chase serves customers through digital banking and a broad branch and ATM network across the United States, and operates as a major retail banking arm within JPMorganChase.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Finance and Insurance | - | $9.99 | Lorem Ipsum | Jan 0000 |
Moderately walkable
70/100
Moderately drivable
70/100
Strong public transit
80/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 882963320 | Improvements Assessment | $2,303,120 |
| Land Assessment | $575,780 | Total Assessment | $2,878,900 |
Property Taxes
Parcel Number
882963320
Land Assessment
$575,780
Improvements Assessment
$2,303,120
Total Assessment
$2,878,900
Contacts
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James Yi -
Marc Mandel -
Steve Schrenk -
Maxwell Leonard -
Greg Zimmerman -
Forged Real Estate
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