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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

INVESTMENT-GRADE CORPORATE CREDIT (S&P: AA-)
- ?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

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Bank
Building Size
3,670 SF
Building Class
C
Year Built
1980
Price
$2,252,240 CAD
Price Per SF
$613.69 CAD
Cap Rate
6%
NOI
$135,107 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.61 AC
Zoning
B-1
Parking
30 Spaces (8.17 Spaces per 1,000 SF Leased)
Frontage
96’ on 8th St

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 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 3,670 SF - Apr 2030
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Huntington National Bank
Starbucks
7 Brew Coffee
BIGGBY Coffee
Meijer
El Rancho
Fifth Third Bank
Macatawa Bank
Russ' Restaurants
Tim Hortons

Property Taxes

Property Taxes

Parcel Number
70-16-28-298-019
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$599,774 CAD
  • Listing ID: 40516381

  • Date on Market: 2026-05-13

  • Last Updated:

  • Address: 635 E 8th St, Holland, MI 49423

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