315 Hancock St
Quincy, MA 02171
Chase Bank · Commerce de détail Propriété À vendre

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Chase Bank ground lease located at 315 Hancock Street in Quincy (Boston MSA), Massachusetts (the “Property”). The retail branch, constructed in 2021, consists of a 2,894 square foot building with a dedicated drive-up ATM on a corner parcel. Chase Bank has 10+ years remaining on its Absolute NNN Ground Lease with six (6), five-year renewal options and 10% rent increases every five years throughout the base term and option periods. Chase Bank is situated on a corner parcel at the North Quincy MBTA Station entrance at the signalized intersection of Hancock Street (MA Route 3A) and W Squantum Street. The location is part of an exceptional trade area centered around the North Quincy MBTA Station (with service on the Red Line), with numerous national tenants and retail centers drawing significant traffic to the area. Quincy is an affluent suburb of Boston approximately 5 miles south of the city center.