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Faits saillants de l'investissement

  • $119,000,000+ branch deposits at this location in 2025
  • Positioned within the Louisville MSA – Ranked #43 in the United States for population size
  • CPI-based rental escalations every five years with no cap
  • Investment grade rated tenant (S&P: AA-)
  • NNN ground lease – no landlord responsibilities
  • Two 10-year renewal options

Résumé de l'annonce

The Boulder Group is pleased to exclusively market for sale a single tenant NNN ground leased Chase Bank located in Louisville, Kentucky. The property has been in continuous operation since 2004 and is secured by a long-term 30-year lease running through 2034, featuring CPI-based rent escalations every five years (with no cap) throughout the primary term, along with two 10-year renewal options. Annual deposits at this branch surpassed $119,000,000 in 2025, according to the FDIC. Chase Bank is an investment-grade tenant rated “AA–” by Standard & Poor’s.
The 4,789-square foot property is situated just off Taylorsville Boulevard (32,000 VPD) and Breckenridge Lane (37,000 VPD) with convenient access to Interstate 264 (166,000 VPD) and Interstate 64 (128,000 VPD) further amplifying the site’s regional accessibility. The surrounding area comprises a dense retail corridor anchored by a strong mix of nationally recognized tenants including Kroger, TJ Maxx, HomeGoods, Starbucks, McDonald’s, Walgreens, CVS, and Goodwill, among many others. Nearby demand drivers such as Norton Children’s Medical Group and Advanced ENT generate consistent daily traffic to the immediate trade area. The property is further supported by a robust consumer base of over 249,000 residents within a five-mile radius, with average household incomes exceeding $106,000.
JPMorgan Chase Bank, N.A., is the consumer and commercial banking subsidiary of JPMorgan Chase & Co., one of the world’s largest and oldest financial institutions. Tracing its roots to 1799 with the founding of the Manhattan Company in New York City, the modern entity emerged from the 2000 merger of J.P. Morgan & Co. and Chase Manhattan Corporation, combining centuries of heritage from predecessor firms like Chase National Bank (founded 1877) and others. As of early 2026, JPMorgan Chase & Co. reports $4.8 trillion in assets under management (AUM) across its Asset & Wealth Management division, alongside total firmwide client assets exceeding $7 trillion and balance sheet assets of approximately $4.4 trillion as of late 2025.

Faits sur la propriété

Type de vente
Investissement pour loyer hypernet
Condition de vente
Emphytéote (Frais de cession-bail)
Type de propriété
Commerce de détail
Sous-type de propriété
Banque
Taille du bâtiment
4 789 pi²
Classe d’immeuble
C
Année de construction
2004
Prix
3 916 885 $ CAD
Prix par pi²
817,89 $ CAD
Taux de capitalisation
5,80%
Revenu net d’exploitation
227 179 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,12
Taille du lot
0,91 AC
Zonage
C1-COMMERC
Stationnement
26 places (5,81 places par 1 000 pi² loué)
Façade
189’ sur Browns Ln

Commodités

  • Visibilité de l'autoroute
  • Enseigne sur pylône
  • Service au volant

Principaux locataires

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Type de bail
  • Fin du bail
  • Finance et assurances
  • -
  • 47,42 $ CAD
  • Loyer hypernet
  • Janv. 2034

Chase Bank serves as the consumer and commercial banking division of JPMorgan Chase. The institution originated in 1799 when Aaron Burr established The Manhattan Company in New York City. Over two centuries, it evolved through mergers with entities like Chase National Bank (1955) and J.P. Morgan (2000). Today, the bank provides extensive financial services including personal banking, credit cards, mortgages, auto loans, and investment products. Business offerings encompass commercial banking, lending, and payment processing solutions. While maintaining a significant physical branch network, Chase also emphasizes digital platforms for modern customer needs.

Locataire Secteur pi² Occupé Loyer/pi² Type de bail Fin du bail
Finance et assurances - 47,42 $ CAD Loyer hypernet Janv. 2034
Moyennement praticable à pied
60/100
Exceptionnellement facile d’accès en voiture
90/100
Transports en commun limités
30/100
Assez praticable en vélo
30/100

Principaux détaillants à proximité

Truist
Waffle House
PNC Bank
Starbucks
MOD Pizza
Kroger
U.S. Bank
Stock Yards Bank & Trust
Fifth Third Bank
Rent-A-Center

Impôts fonciers

Impôts fonciers

Numéro de lot
14089C01940000
Évaluation du terrain
1 061 149 $ CAD
Évaluation des bâtiments
4 438 960 $ CAD
Évaluation totale
5 500 109 $ CAD
  • ID d’inscription: 39931285

  • Date de mise sur le marché: 2026-03-27

  • Dernière mise à jour:

  • Adresse: 2943 Richland Ave, Louisville, KY 40220

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