Bank
Chase Bank
2929 Shaver St, Pasadena, TX 77502
Listing Price: $1,742,000
Investment Overview
The subject property is a single tenant property leased to Chase Bank located at the intersection of Shaver Street and Spencer Highway in Pasadena, Texas. The building, built in 2007, sits on a 30,880 sqft parcel and contains a drive through with three teller lanes and two drive through ATM’s. Chase Bank is a publicly traded company and has a credit rate of A+ with Standard and Poors. The tenant recently renewed their lease and also renovated the inside of the property in 2015. A new roof was installed in 2018 with a 20-year warranty.
Chase Bank
Investment Highlights
- Renewed for 5 years in April of 2022 | Open Since 2006 | A+ Credit Rating
- NN Lease | Minimal Landlord Responsibilities (Roof and Structure)
- Tenant Renovated Space in 2015 | Two 5 Year Options Remaining
- Traffic Counts: 32,000 CPD (Spencer Highway) 22,000 CPD (Shaver Street)
Exclusively Listed By
Financing By
Listing Price: $1,742,000
Investment Highlights
- Renewed for 5 years in April of 2022 | Open Since 2006 | A+ Credit Rating
- NN Lease | Minimal Landlord Responsibilities (Roof and Structure)
- Tenant Renovated Space in 2015 | Two 5 Year Options Remaining
- Traffic Counts: 32,000 CPD (Spencer Highway) 22,000 CPD (Shaver Street)
Investment Overview
The subject property is a single tenant property leased to Chase Bank located at the intersection of Shaver Street and Spencer Highway in Pasadena, Texas. The building, built in 2007, sits on a 30,880 sqft parcel and contains a drive through with three teller lanes and two drive through ATM’s. Chase Bank is a publicly traded company and has a credit rate of A+ with Standard and Poors. The tenant recently renewed their lease and also renovated the inside of the property in 2015. A new roof was installed in 2018 with a 20-year warranty.
Exclusively Listed By
Financing By
