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Bank

Chase Bank (Ground Lease)

8014 Bandera Rd, San Antonio, TX 78240

Listing Price: $3,630,000

Cap Rate
5.50%
Tenant Name
Chase Bank
Years Remaining On Lease
5.3
Gross SF
4,290
Guarantor
Corporate Guarantee
Rentable SF
4,290
Price/Gross SF
$846.15
Lease Type
Ground Lease
Rent Per Square Feet
$46.54

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Chase Bank ground lease in San Antonio, Texas. The property consists of a 4,290-square-foot, freestanding building that sits on approximately 1.22 acres of land. There are approximately 5.3 years remaining on the current lease term, with 10 percent rental escalations every five years in the options.

Investment Highlights

  • Ground Lease with 5.3 Years Remaining
  • Outparcel to Walmart
  • Prime Retail Destination in Northwest San Antonio: Established Bandera Road Corridor (50,599 VPD)
  • Large 1.22 Acre Parcel with Ample Parking and Multiple Access Points
  • Branch-Level Deposits are Trending Up Over a Trailing Three-Year Period
  • More than 347,219 Residents Within a Five-Mile Radius

Exclusively Listed By

Financing By

Bank

Chase Bank (Ground Lease)

Listing Price: $3,630,000

Cap Rate
5.50%
Tenant Name
Chase Bank
Years Remaining On Lease
5.3
Gross SF
4,290
Guarantor
Corporate Guarantee
Rentable SF
4,290
Price/Gross SF
$846.15
Lease Type
Ground Lease
Rent Per Square Feet
$46.54

Investment Highlights

  • Ground Lease with 5.3 Years Remaining
  • Outparcel to Walmart
  • Prime Retail Destination in Northwest San Antonio: Established Bandera Road Corridor (50,599 VPD)
  • Large 1.22 Acre Parcel with Ample Parking and Multiple Access Points
  • Branch-Level Deposits are Trending Up Over a Trailing Three-Year Period
  • More than 347,219 Residents Within a Five-Mile Radius

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a Chase Bank ground lease in San Antonio, Texas. The property consists of a 4,290-square-foot, freestanding building that sits on approximately 1.22 acres of land. There are approximately 5.3 years remaining on the current lease term, with 10 percent rental escalations every five years in the options.

Exclusively Listed By

Financing By

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