Listed by Marcus & Millichap - Columbus
$2,903,000
Chase Bank | Kroger Outparcel | Rare 20-Yr NNN Ground Lease
Details
Property Type Retail
Sub Type Bank
Square Footage 3,333
Cap Rate 4.65%
NOI $135,000
Occupancy 100%
Tenancy Single
Brand/Tenant Chase Bank
Lease Type NNN
Lease Term 20
Lease Expiration 07/30/2045
Remaining Term 19
Rent Bumps Yes
Lease Options 4, 5 Year Options
Year Built 2026
Acreage 0.820
Investment Type Net Lease
Tenant Credit Corporate Guarantee
Lease Commencement 07/28/2025
Ground Lease Yes
Omaha MSA | 10% Increases | 2026 Construction
Marketing description
Chase serves millions of people with a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans, and payment processing. Chase is available to consumers through over 5,000 retail branch locations, 15,000 ATMs, or online at chase.com or the Chase Mobile app.
Omaha, the largest city in the State of Nebraska and the 42nd-largest city in the United States, is located on the Missouri River and just 10 miles north of the Platte, or Nebraska River. The city is home to roughly 484,400 residents.
Investment highlights
- New 20-Year Triple-Net (NNN) Ground Lease
- 10 Percent Rental Increases Every Five Years with Multiple Renewal Options
- Brand New High-Quality 2026 Construction with a Drive-Thru ATM
- Corporate Guaranty by JPMorganChase (NYSE: JPM) - S&P Credit Rating: A/A-1
- JPMorganChase Plans to Open Approximately 160 New Branches and Renovate Approximately 500 Locations in 2026 as Part of a Multibillion-Dollar Investment that will Expand Chase Into New Markets
- Chase Operates the Largest Branch Network in the U.S. with ±5,000 Locations
- Surrounded by New Residential and Retail Developments, Including Maple & Main (a 55-Acre Mixed-Use Development) and a New Baker's Grocery Store Under Development
- Immediate Proximity to National Retailers and Anchor Tenants: Costco, Target, Walmart, ALDI, and More
Listing Contacts
Listed by Marcus & Millichap - Columbus
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$135,000.00
$11,250.00/mo
Valuation Metrics
0
DSCR
4.65%
Cap Rate
4.65%
ROI
Map
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Name
License
Title
Name
License
Is there information that looks off?
