Chase Bank Absolute Nnn
Hutto, TX 78634
Chase Bank - Absolute NNN · Retail Property For Sale

We are pleased to offer to qualified investors an opportunity to invest in a single tenant Absolute NNN -ground lease investment that is 100% leased to Chase Bank on a corporate lease. This lease includes approximately 7.5 years remaining on an original 20 year lease. The lease includes attractive 10% rental escalations every 5 years (including 4 - 5 year option periods), providing an investor with excellent inflation protection and rapid growth in NOI. Strategically positioned as an outparcel to The Home Depot and located just off Highway 79; this asset benefits from the nearly 60,000 VPD that travel Highway 79 along with being positioned near national retailers such as Lowe’s, Walgreens, McDonald’s, Firestone Auto Care, Taco Bell, Jiffy Lube, and others. This is a rare opportunity to buy a strong performing Chase Bank branch on a large lot with excellent fundamentals backed by one of the largest banking institutions in the United States (Rated “A- by S&P), located in the primary retail trade area of Hutto, TX, with low downside risk (ideal for QSR w/ drive thru), attractive 10% rental escalations, and zero landlord obligations.