1031 Deal Hub

Chase Bank

Overview

Chase Bank is currently the largest financial institution in the United States in terms of assets, with over $2.67 trillion. Due to their typically excellent credit rating, the investor demand is extremely high and cap rates are among the lowest of any tenant. Along with Chase’s credit rating, the leases are typically desirable, with 20 year ground leases with no landlord responsibilities and feature rental increases every 5 years through the initial term.
Lowest Cap Rate

3.61%

Average Cap Rate

5.24%

Property & Lease

Average Sale Price

$3,000,000 – $5,500,000

Average NOI

$125,000 – $225,000

Building SF

4,000

Lease Term

20 Years

Escalations

10% Every 5 Years

Stock Symbol

NYSE:JPM
Credit Rating

S&P

A+

Moody’s

Aa3

Tenants

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