Bank
Chase Bank
421 Alta Mere Dr, Fort Worth, TX 76114
Listing Price: $3,130,000
Investment Overview
The subject property is a freestanding Chase Bank situated on a large pad within the Westover Village shopping center. This center is anchored by Party City, Petco and Half Price Books with other pad sites occupied by Panda Express, McDonald’s, Arby’s and Take 5 Oil. Westover Village is adjacent to the Ridgemar Town Square that is anchored by national retailers such as Target, Burlington, Harbor Freight Tools, Big Lots, Jo-Ann and Five Below. Directly across the street from this Chase Bank are Wal Mart, Sam’s Club and Lowe’s Home Improvement who helps generate a lot of traffic to this trade area.
Alta Mere Drive is a main thoroughfare in Fort Worth, with this Chase Bank located 5 miles from downtown Fort Worth, and 25 miles southwest of DFW International Airport.
Area demographics are attractive with a reported 82,526 residents within a 3-mile radius and Average Household Income of $100,645 within this same radius. The Shady Oaks Country Club & Golf Course and Hawks Creek Golf Club are located less than ¼ mile away from the subject property.
Newly constructed in 2009, there are approximately 4.5 years remaining on the corporate ground lease that provides 10% fixed rent increases every 5 years. This Chase Bank is equipped with 4 automobile ATM windows. Bank branch deposits at this Chase Bank is reported at $120 million.
Chase Bank is one of the largest and most well-known banks in the United States. It is a subsidiary of JPMorgan Chase & Co. (NYSE:JPM), a global financial services firm headquartered in New York City. Founded in 1799, there are over 4,787Chase Bank branches in the United States. www.chase.com
Investment Highlights
- Pride of Ownership property
- Over 4 years remaining on corporate backed ground lease
- 10% fixed rent increases every 5 year option period
- Outparcel to Westover Village shopping center
- Strong Bank branch deposits reported at $120 million
Exclusively Listed By
Broker of Record
Listing Price: $3,130,000
Investment Highlights
- Pride of Ownership property
- Over 4 years remaining on corporate backed ground lease
- 10% fixed rent increases every 5 year option period
- Outparcel to Westover Village shopping center
- Strong Bank branch deposits reported at $120 million
Investment Overview
The subject property is a freestanding Chase Bank situated on a large pad within the Westover Village shopping center. This center is anchored by Party City, Petco and Half Price Books with other pad sites occupied by Panda Express, McDonald’s, Arby’s and Take 5 Oil. Westover Village is adjacent to the Ridgemar Town Square that is anchored by national retailers such as Target, Burlington, Harbor Freight Tools, Big Lots, Jo-Ann and Five Below. Directly across the street from this Chase Bank are Wal Mart, Sam’s Club and Lowe’s Home Improvement who helps generate a lot of traffic to this trade area. Alta Mere Drive is a main thoroughfare in Fort Worth, with this Chase Bank located 5 miles from downtown Fort Worth, and 25 miles southwest of DFW International Airport. Area demographics are attractive with a reported 82,526 residents within a 3-mile radius and Average Household Income of $100,645 within this same radius. The Shady Oaks Country Club & Golf Course and Hawks Creek Golf Club are located less than ¼ mile away from the subject property. Newly constructed in 2009, there are approximately 4.5 years remaining on the corporate ground lease that provides 10% fixed rent increases every 5 years. This Chase Bank is equipped with 4 automobile ATM windows. Bank branch deposits at this Chase Bank is reported at $120 million. Chase Bank is one of the largest and most well-known banks in the United States. It is a subsidiary of JPMorgan Chase & Co. (NYSE:JPM), a global financial services firm headquartered in New York City. Founded in 1799, there are over 4,787Chase Bank branches in the United States. www.chase.com
Exclusively Listed By
Broker of Record

