A Ground Lease of 19,166 SF Which Serves as a Drivethru ATM, Additional Parking and Provides the Corner Signage to Adjacent Corporately Owned and Operated Chase Bank Branch (Bank is Not Included in the Sale)
Single Tenant Absolute NNN Ground Lease
Tenant Just Excised 5 Year Option to Extend the Lease
Bumps – 6.5% Every 3 Years Throughout the Base Term Lease
Guaranty by Chase Bank (NYSE: JPM)
Strong Location with Deposits $53.7M in 2015, and Deposits Have Grown Every Year