Your email has been sent.
NNN Freestanding Chase Bank | Saginaw, MI 4144 Bay Rd 2,448 SF Retail Building Saginaw, MI 48603 $1,584,642 CAD ($647.32 CAD/SF) 6% Cap Rate
Investment Highlights
- DENSE RETAIL TRADE AREA | 3M+ SF WITHIN 1 MILE
- TOP 15% PERFORMING LOCATION NATIONWIDE
- LOW RENT BASIS SUPPORTS LONG-TERM TENANT VIABILITY
Executive Summary
- ?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
HIGH-DEPOSIT BRANCH | $160 MILLION IN DEPOSITS
- ?The Chase Bank branch reports approximately $160 million in deposits, reflecting deep customer engagement, consistent transaction volume, and a well-established presence within the Saginaw trade area
ABSOLUTE NNN GROUND LEASE | ZERO LANDLORD RESPONSIBILITIES
- ?True passive investment structure with no landlord obligations, providing consistent and predictable cash flow
TOP 15% PERFORMING LOCATION NATIONWIDE
- ?This branch ranks in the top 15% of all Chase locations by customer visits (Placer.ai), highlighting strong deposit activity and long-term strategic importance
LOW RENT BASIS SUPPORTS LONG-TERM TENANT VIABILITY
- ?In-place rent is modest relative to national branch economics, creating a highly sustainable occupancy cost structure that supports long-term renewal probability and continued site profitability
DENSE RETAIL TRADE AREA | 3M+ SF WITHIN 1 MILE
- ?Surrounded by a critical mass of national retailers, grocery anchors, and service users that drive consistent daily traffic and support long-term site viability
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Finance and Insurance
- 2,448 SF
- -
- Triple Net
- Feb 2021
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 Type | Lease End | |
|
|
Finance and Insurance | 2,448 SF | - | Triple Net | Feb 2021 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 23-12-4-02-3004-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $435,625 CAD |
Property Taxes
Contacts
-
Eric Suffoletto -
David Hoppe -
Danny Griffin -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Kendra Doherty -
Connor Kuchman -
Atlantic Capital Partners
Presented by
NNN Freestanding Chase Bank | Saginaw, MI | 4144 Bay Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.