Chase Bank: Valley Stream, NY
15-Year NNN Ground Lease | Chase Bank (S&P: AA-) | Nassau County, NY
Marketing description
The CBRE Net Lease Property Group is pleased to offer for sale the 15-year NNN Chase Bank ground lease situated on 0.87 acres in Valley Stream, New York (MSA Population: 20.0M+). Chase Bank’s Brand-New NNN Ground lease features 15 years of primary term with 10% rent increases every 5 Years and in each of the four, 5-year renewal options. The 5,207-square-foot building recently opened on January 20th, 2026.
Investment highlights
NNN Ground Lease | Currently Under Construction: Chase Bank’s brand-new NNN ground lease features 15 years of primary term with 10% rent increases every 5 years and in each of the four, 5-year renewal options. The 5,207-square-foot building recently opened on January 20th, 2026.
Part of Toys R Us Redevelopment Project: Chase Bank is located at the site of a former Toys R Us, which is being redeveloped into ±50,000 SF of retail space with modern, first-class design and additional parking.
Branch Consolidation | Built-In Customer Base: In addition to 1 million people within a 10-minute drive time, Chase will be closing the branches within Green Acres Mall and at 930 Rosedale Road, consolidating operations into this branch.
Excellent Access & Visibility: Positioned roughly 16 miles east of New York City, the property is located along Sunrise Highway (44,031 VPD), just feet from its intersection with Mill Road (25,303 VPD) and 1.5 miles east of Belt Parkway (159,093 VPD).
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