Chase Bank Ground Lease
Retail | 5.00% CAP | 3,740 SqFt
Investment highlights
New 15-Year Absolute NNN Corporate Ground Lease with 10% Increases Every 5 Years
Investment Grade Tenant (NYSE: JPM; S&P: AA-), 5,300+ Branches in 48 States
Leading Financial Services Firm Based in the U.S. with $4.6 Trillion in Assets
Chase Has Opened More Branches Than All Large Bank Peers Combined Over the Last 7 Years
Significant Capital Investment by Tenant to Build New Bank Branch
Centrally Located Between New York City and Philadelphia
New Hope is One of the Wealthiest Neighborhoods in the U.S. and Home to Many Celebrities, Musicians, Artists, and Fortune 500 Execs
Average Household Incomes Exceed $181,000 in 3 Miles and $189,000 in 5 Miles
Strategic Location, Nearest Chase Bank with a Drive-Thru is Over 15 Miles Away
Outparcel to High-Performing Giant, Dominant Grocery Anchored Center in the Community
Hard Corner Location at Signalized Intersection, Excellent Access and Visibility Along Route 202
3 Miles to Peddler’s Village with 2+ Million Visitors Annually, Third Most-Popular Tourist Destination in the Philadelphia Region
Close Proximity to K-12 Schools with 3,000+ Students, New Hope-Solebury School District is One of the Best in the State
Strong Daytime Population, Over 20,000 Employees in Primary Trade Area
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