Chase Bank
High Traffic Intersection with Excellent Visibility
Marketing description
Surmount is pleased to present the exclusive listing for a Chase Bank located at 1935 Airline Drive, Bossier City, LA 71112. The site consists of roughly 19,131 rentable square feet of building space on an estimated 2.77-acre parcel of land. Chase Bank is subject to a 25-year Gross lease, which commenced 8/1/2007. The current annual rent is $199,001 and has various scheduled increases.
Investment highlights
Below-Market Rental Structure | In-place rents for Chase and office space are below market, providing long-term upside through mark-to-market opportunity.
Built-In Rent Growth & Inflation Hedge | Lease includes a ~10% rent increase in 2027, with future option periods structured to adjust to fair market rent levels.
Strong Deposit Base | This branch reports approximately $200 million in deposits, underscoring its importance within the local banking network.
Investment Grade Credit Tenant | Chase Bank is an investment-grade tenant, rated AA- (Stable) by S&P and Aa2 (Stable) by Moody’s.
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