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Bank

Chase Bank Ground Lease

1314 Jeffco Blvd, Arnold, MO 63010

Listing Price: $3,000,000

Cap Rate
5.00%
Tenant Name
Chase Bank
Years Remaining On Lease
15.1
Gross SF
3,354
Guarantor
Corporate Guarantee
Rentable SF
3,354
Price/Gross SF
$894.45
Lease Type
Ground Lease
Rent Per Square Feet
$44.72

Investment Overview

Marcus and Millichap is pleased to exclusively present for sale, this brand new ground leased corporate guaranteed Chase Bank asset. This is a very rare 15-year absolute NNN lease term. The property is currently under construction by the tenant, but due to the ground leased structure, investors can purchase while the tenant completes their improvements.

The property located at 1314 Jeffco Blvd Box 708, Arnold, MO 63010, enjoys a strategic position in the suburban community of Arnold, Missouri. Situated just south of St. Louis, this location offers convenient access to a variety of prominent retailers and essential services. Nearby shopping options include major stores such as Walmart Supercenter, Target, Sam’s Club, Home Depot, Lowe’s Home Improvement, Kohl’s, and Best Buy, providing a comprehensive range of products from groceries and clothing to electronics and home improvement supplies.

Transportation connectivity is a key advantage of this location, with Jeffco Blvd (US-61/US-67) running directly through the area, facilitating easy north-south travel. Additionally, Interstate 55 (I-55), located just to the east, offers a major route for regional travel, connecting Arnold to downtown St. Louis and beyond. Highway 141 (Arnold Bypass) and State Highway 231 further enhance accessibility, linking the property to other important highways and local destinations.

Investment Highlights

  • PREMIER TENANT • Chase Bank: Top global bank with a strong credit rating (S&P: A+), ensuring reliable income. • Reputable Brand: Well-known and trusted financial institution.
  • LONG-TERM LEASE • 15-Year Ground Lease: Provides stable, long-term income. • No Landlord Responsibilities: Tenant covers all expenses. • Rent Increases: $10,000 every 5 years.
  • POTENTIAL FOR APPRECIATION • Future Development: The property sits on a lot size of 1.67 acres, providing ample space and potential for future developments.
  • ATTRACTIVE FINANCIALS • Strong Income Stream: Reliable payments from a top-tier institution, systemically important bank • Growing Income: Regular rent escalations.
  • MARKET DYNAMICS • Growing Community: Arnold, MO is expanding with increasing population and economic activity. • Retail Hub: Diverse local retailers including Walmart Supercenter, Lowe's Home Improvement, Target, Harbor Freight Tools, Kohls, Schnucks, and a variety of restaurants and specialty stores, ensuring high foot traffic.
  • STRATEGIC LOCATION • Prime Spot: Arnold, MO; High-Traffic Commercial Corridor. • Accessibility: Easy access to both Highway 141 and 55 • Traffic Count: High visibility w/ 52,309 VPD at Jeffco Blvd & HWY 141.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s) MO: 2008013520

    Missouri

Financing By

Bank

Chase Bank Ground Lease

Listing Price: $3,000,000

Cap Rate
5.00%
Tenant Name
Chase Bank
Years Remaining On Lease
15.1
Gross SF
3,354
Guarantor
Corporate Guarantee
Rentable SF
3,354
Price/Gross SF
$894.45
Lease Type
Ground Lease
Rent Per Square Feet
$44.72

Investment Highlights

  • PREMIER TENANT • Chase Bank: Top global bank with a strong credit rating (S&P: A+), ensuring reliable income. • Reputable Brand: Well-known and trusted financial institution.
  • LONG-TERM LEASE • 15-Year Ground Lease: Provides stable, long-term income. • No Landlord Responsibilities: Tenant covers all expenses. • Rent Increases: $10,000 every 5 years.
  • POTENTIAL FOR APPRECIATION • Future Development: The property sits on a lot size of 1.67 acres, providing ample space and potential for future developments.
  • ATTRACTIVE FINANCIALS • Strong Income Stream: Reliable payments from a top-tier institution, systemically important bank • Growing Income: Regular rent escalations.
  • MARKET DYNAMICS • Growing Community: Arnold, MO is expanding with increasing population and economic activity. • Retail Hub: Diverse local retailers including Walmart Supercenter, Lowe's Home Improvement, Target, Harbor Freight Tools, Kohls, Schnucks, and a variety of restaurants and specialty stores, ensuring high foot traffic.
  • STRATEGIC LOCATION • Prime Spot: Arnold, MO; High-Traffic Commercial Corridor. • Accessibility: Easy access to both Highway 141 and 55 • Traffic Count: High visibility w/ 52,309 VPD at Jeffco Blvd & HWY 141.

Investment Overview

Marcus and Millichap is pleased to exclusively present for sale, this brand new ground leased corporate guaranteed Chase Bank asset. This is a very rare 15-year absolute NNN lease term. The property is currently under construction by the tenant, but due to the ground leased structure, investors can purchase while the tenant completes their improvements. The property located at 1314 Jeffco Blvd Box 708, Arnold, MO 63010, enjoys a strategic position in the suburban community of Arnold, Missouri. Situated just south of St. Louis, this location offers convenient access to a variety of prominent retailers and essential services. Nearby shopping options include major stores such as Walmart Supercenter, Target, Sam’s Club, Home Depot, Lowe’s Home Improvement, Kohl’s, and Best Buy, providing a comprehensive range of products from groceries and clothing to electronics and home improvement supplies. Transportation connectivity is a key advantage of this location, with Jeffco Blvd (US-61/US-67) running directly through the area, facilitating easy north-south travel. Additionally, Interstate 55 (I-55), located just to the east, offers a major route for regional travel, connecting Arnold to downtown St. Louis and beyond. Highway 141 (Arnold Bypass) and State Highway 231 further enhance accessibility, linking the property to other important highways and local destinations.

Exclusively Listed By

Broker of Record

  • Dave Saverin

    Regional Manager

    (314) 889-2500

    License(s): MO: 2008013520

    Missouri

Financing By

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