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Chase Bank Ground Lease 449 York Rd 4,132 SF 4-Star Retail Building New Hope, PA 18938 $4,955,055 CAD ($1,199.19 CAD/SF) 5% Cap Rate
Investment Highlights
- New 15-Year Absolute NNN Corporate Ground Lease with 10% Increases Every 5 Years
- Leading Financial Services Firm Based in the U.S. with $4.6 Trillion in Assets
- Significant Capital Investment by Tenant to Build New Bank Branch
- Investment Grade Tenant (NYSE: JPM; S&P: AA-), 5,300+ Branches in 48 States
- Chase Has Opened More Branches Than All Large Bank Peers Combined Over the Last 7 Years
- Centrally Located Between New York City and Philadelphia
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
4,132 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Price
$4,955,055 CAD
Price Per SF
$1,199.19 CAD
Cap Rate
5%
NOI
$247,753 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.79
Lot Size
0.12 AC
Zoning
HC
Parking
8 Spaces (1.6 Spaces per 1,000 SF Leased)
Frontage
270’ on Shire Drive
Amenities
- Drive Thru
- Air Conditioning
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
1 of 4
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Chase Bank Ground Lease | 449 York Rd
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