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Chase Bank Ground Lease 651 E Red Bridge Rd 3,293 SF 100% Leased Office Building Kansas City, MO 64131 $2,979,725 CAD ($904.87 CAD/SF) 4.80% Cap Rate
Investment Highlights
- Long-term corporate ground lease to JPMorgan Chase Bank, N.A.
- 3,293 SF newly constructed building featuring natural stone finishes
- Situated within a historic grocery-anchored shopping center also featuring hardware, restaurant, fitness, and regional children’s museum anchors
- 0.68-acre pad site at an established South Kansas City neighborhood shopping center, originally built in 1959
- Scheduled 10% base rent increases every 5 years
Executive Summary
15-Year Term with 5 renewal Options
Property Facts
Sale Type
Investment NNN
Property Type
Building Size
3,293 SF
Year Built
2026
Price
$2,979,725 CAD
Price Per SF
$904.87 CAD
Cap Rate
4.80%
NOI
$143,027 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,293 SF
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Chase Bank
- Finance and Insurance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Chase Bank | Finance and Insurance | - | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
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Chase Bank Ground Lease | 651 E Red Bridge Rd
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