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Investment Highlights

  • DAYTON MSA LOCATION & REGIONAL ECONOMIC ANCHORS
  • HIGH TRAFFIC LOCATION
  • DOMINANT RETAIL CORRIDOR WITH STRONG NATIONAL CO-TENANCY

Executive Summary

INVESTMENT-GRADE CORPORATE CREDIT (S&P: AA-)
- ?Lease guaranteed by JPMorgan Chase, the largest bank in the United States by deposits with $2.8 trillion in assets and a global banking platform
STRONG BRANCH FUNDAMENTALS | $97 MILLION DEPOSIT BASE
- ?The property is supported by an approximately $97 million deposit base, demonstrating meaningful customer penetration and reinforcing the branch's importance within
JPMorgan Chase's regional network
ABSOLUTE NNN GROUND LEASE WITH RECENT RENEWAL
- ?Structured as an absolute NNN ground lease with zero landlord responsibilities, offering investors a fully passive, management-free income stream
? - The lease was recently renewed by the tenant, demonstrating long-term commitment and longevity at the site
HIGH TRAFFIC LOCATION
- ?This location ranks in the top 20% of Chase branches nationally by foot traffic (Placer.ai), underscoring its long-term operational relevance
DOMINANT RETAIL CORRIDOR WITH STRONG NATIONAL CO-TENANCY
- ?Strategically positioned along W Main Street, Troy's primary commercial corridor, surrounded by national retailers including Walmart, Kroger, McDonald's, and AutoZone, driving consistent consumer traffic to the market
DAYTON MSA LOCATION & REGIONAL ECONOMIC ANCHORS
- ?Located within the Dayton MSA (800K+ population), supported by major employers including Wright-Patterson Air Force Base, Premier Health, and a diversified advanced manufacturing base, providing durable economic demand drivers

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
2,360 SF
Building Class
C
Year Built
1983
Price
$1,746,252 CAD
Price Per SF
$739.94 CAD
Cap Rate
6%
NOI
$104,775 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.00 AC
Zoning
commercial
Parking
25 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
382’ on W Main St

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • 2,360 SF
  • -
  • Dec 2031

Chase is the consumer banking brand of JPMorganChase, whose roots trace to New York City’s first water company in 1799 and to The Chase Manhattan Bank among its heritage firms. The company offers personal and business banking, credit cards, home loans, auto financing, and investing and retirement services through branches, digital channels, and affiliated payment platforms. Chase also supports commercial banking and treasury services for businesses, while JPMorganChase’s broader platform includes investment banking, asset management, and financial transaction processing. Chase remains a major U.S. banking franchise with a broad mix of consumer and commercial financial services.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance 2,360 SF - Dec 2031
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

U.S. Bank
Tim Hortons
Anytime Fitness
Park National Bank
PNC Bank
Bob Evans
Outback Steakhouse
Texas Roadhouse

Property Taxes

Property Taxes

Parcel Number
D08057876
Land Assessment
$189,128 CAD
Improvements Assessment
$185,134 CAD
Total Assessment
$374,262 CAD
  • Listing ID: 40516313

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 1011 W Main St, Troy, OH 45373

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