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Bank

Chase Bank

755 W Lamar Blvd, Arlington, TX 76012

Listing Price: $1,645,000

Cap Rate
6.50%
Tenant Name
Chase Bank
Years Remaining On Lease
5.3
Gross SF
5,041
Guarantor
Corporate Guarantee
Rentable SF
5,041
Price/Gross SF
$326.32
Lease Type
Double Net
Rent Per Square Feet
$21.20

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double-net lease Chase Bank in Arlington, TX. The property consists of a 5,041-square-foot, freestanding building that sits on approximately 0.47 acres of land. There are 1973 years remaining on the lease with 10% rental increases every 5 years.

Investment Highlights

  • Strong Deposits of More Than $271 Million – Deposits are 62 Percent Higher Than the Chase National Average
  • 24-Year Operating History - Recent 5-Year Lease Extension
  • Great Visibility From Interstate 30 (138,111 VPD) Near the Intersection of North Cooper Street (15,809 VPD) and West Lamar Boulevard (21,824 VPD)
  • Located Across From a Planned 97-Acre Mixed-Use Development
  • Minutes from AT&T Stadium (Home of the Dallas Cowboys) in the Arlington Entertainment District

Exclusively Listed By

Financing By

Listing Price: $1,645,000

Cap Rate
6.50%
Tenant Name
Chase Bank
Years Remaining On Lease
5.3
Gross SF
5,041
Guarantor
Corporate Guarantee
Rentable SF
5,041
Price/Gross SF
$326.32
Lease Type
Double Net
Rent Per Square Feet
$21.20

Investment Highlights

  • Strong Deposits of More Than $271 Million – Deposits are 62 Percent Higher Than the Chase National Average
  • 24-Year Operating History - Recent 5-Year Lease Extension
  • Great Visibility From Interstate 30 (138,111 VPD) Near the Intersection of North Cooper Street (15,809 VPD) and West Lamar Boulevard (21,824 VPD)
  • Located Across From a Planned 97-Acre Mixed-Use Development
  • Minutes from AT&T Stadium (Home of the Dallas Cowboys) in the Arlington Entertainment District

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a double-net lease Chase Bank in Arlington, TX. The property consists of a 5,041-square-foot, freestanding building that sits on approximately 0.47 acres of land. There are 1973 years remaining on the lease with 10% rental increases every 5 years.

Exclusively Listed By

Financing By

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