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Chase Bank - Washington D.C. 5225 MacArthur NW blvd 2,300 SF Retail Building Washington, DC 20016 $13,218,143 CAD ($5,747.02 CAD/SF) 5.10% Cap Rate
INVESTMENT HIGHLIGHTS
- Corporate JP Morgan Chase Bank Ground Lease | 15 Years Plus Options | 10% Structured Rent Increases
- Close Proximity to American University, Georgetown University, Sibley Hospital | Gateway Intersection - Chain Bridge
- Dense, Affluent Demographics In The Trade Area
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
EXECUTIVE SUMMARY
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Chase Bank investment property located in Washington D.C.. The tenant, Chase Bank, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
2,300 SF
Year Built/Renovated
1964/2025
Price
$13,218,143 CAD
Price Per SF
$5,747.02 CAD
Cap Rate
5.10%
NOI
$674,676 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.66 AC
Zoning
MU-3A
Parking
36 Spaces (15.65 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (80)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 1419-0929 | Improvements Assessment | $1,574,753 CAD |
| Land Assessment | $5,449,279 CAD | Total Assessment | $7,024,033 CAD |
PROPERTY TAXES
Parcel Number
1419-0929
Land Assessment
$5,449,279 CAD
Improvements Assessment
$1,574,753 CAD
Total Assessment
$7,024,033 CAD
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Chase Bank - Washington D.C. | 5225 MacArthur NW blvd
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