Chase Bank Ground Lease Bank Asset Rockford Illinois

Make an Offer

Investment Offering

Tenant: Chase Bank | Rockford, IL (N Main)
Premises: 3,500 SF
Renewal Options: 1 x 10 Year Options

Lease Expiration: 12/31/2027
Lease Type:
Rental Increases: 10% Every 5 Years

Sands Investment Group is Pleased to Offer For Sale the 3,500 SF Chase Bank Ground Lease Located at 3699 North Main Street in Rockford, IL. This Offering Has Been a Chase Bank Since 1965, Priced Below Many Other Single-Tenant Net Lease Chase Bank Properties, Providing Investors With a Lower Entry Cost and Making the Asset More Accessible Without Requiring Debt, Providing For a Secure Investment.

JP Morgan Chase Bank Has Operated at This Location For 59 Years, Demonstrating Commitment to This Site
Investment Grade Tenant: Corporate Lease to JP Morgan Chase, a Publicy Traded Company (NYSE: “JPM”), Rated “A+” By S&P
Industry Leading Brand: Chase Bank Ranks #1 For All Banks in the US (Forbes)
Exceptional Visibility: Signalized Hard Corner Location
Attractive Price Point:This Offering is Priced Below Many Other Single-Tenant Net Lease Chase Bank Properties, Providing Investors With a Lower Entry Cost and Making the Asset More Accessible Without Requiring Debt
Outparcel to a Strip Center and Located Directly Across From National Tenants Subway and McDonald’s
Convenient and Easy Access: Site is Strategically Positioned in a Dense Suburban Residential Area With Easy Access For the Neighboring Community

In Cooperation With Sands Investment Group Illinois, LLC – Lic. #481013714 BoR: Andrew Ackerman – Lic. IL #471021429

View Similar Investment Opportunities

Read Additional Thought Leadership Content From SIG

Tenant Overview

CHASE BANK

Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading financial services firm based in the United States of America with assets of $4.2 trillion and operations worldwide. Chase serves 84 million consumers and 6.9 million small businesses, with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans and payment processing. Customers can choose how and where they want to bank: More than 4,800 branches in 48 states and the District of Columbia, more than 15,000 ATMs, mobile, online and by phone.

Area Overview