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NNN Freestanding Chase Bank | Holland, MI 635 E 8th St 3,670 SF Retail Building Holland, MI 49423 $2,285,207 CAD ($622.67 CAD/SF) 6% Cap Rate
Investment Highlights
- PROVEN RETAIL CORRIDOR | DIRECT ACCESS TO US-31
- INVESTMENT-GRADE CORPORATE CREDIT (S&P: AA-)
- HIGH-DEPOSIT BRANCH | $160 MILLION IN DEPOSITS
Executive Summary
- ?Lease guaranteed by JPMorgan Chase, the largest U.S. bank with a global platform and strong balance sheet
HIGH-DEPOSIT BRANCH | $160 MILLION IN DEPOSITS
- ?The Chase Bank branch reports approximately $160 million in deposits, positioning it as a strong-performing location within the regional network
STRONG FOOT TRAFFIC AT LOCATION
- ?This location ranks in the top 15% of all Chase branches nationally by foot traffic (Placer.ai), demonstrating strong deposit activity and long-term strategic importance
HIGH-INCOME LAKESHORE MARKET | $100K+ AHHI
- ?Affluent West Michigan trade area supported by a combination of permanent residents, second-home ownership, and seasonal tourism demand
PROVEN RETAIL CORRIDOR | DIRECT ACCESS TO US-31
- ?Positioned along East 8th Street with immediate connectivity to US-31 (41,000+ VPD), the primary north-south artery serving the region
DIVERSE ECONOMIC BASE | MANUFACTURING + TOURISM
- ?Supported by major employers including MillerKnoll, Gentex, and Haworth, alongside a strong tourism economy tied to Lake Michigan and downtown Holland
Property Facts
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- 3,670 SF
- -
- Apr 2030
Chase traces its roots to the late 1700s through the Bank of the Manhattan Company, and the Chase name later grew through the 1877 founding of Chase National Bank and the 1955 merger that formed Chase Manhattan Bank. The modern business sits within JPMorganChase, which formed in 2000 from the merger of J.P. Morgan & Co. and Chase Manhattan Company. Chase offers personal and business banking, credit cards, home loans, auto financing, investing, retirement planning, and commercial banking services through a broad consumer and institutional platform. JPMorganChase positions Chase and J.P. Morgan as complementary brands serving consumers, small businesses, corporate clients, and government clients in the United States and internationally.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | 3,670 SF | - | Apr 2030 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 70-16-28-298-019 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $612,999 CAD |
Property Taxes
Contacts
-
Eric Suffoletto -
David Hoppe -
Mike Lucier -
Ben Olmstead -
Ben McCarter -
Atlantic Capital Partners
Presented by
NNN Freestanding Chase Bank | Holland, MI | 635 E 8th St
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