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Bank

Chase

3373 N College Ave, Fayetteville, AR 72703

Listing Price: $2,948,000

Cap Rate
4.75%
Tenant Name
Chase Bank
Years Remaining On Lease
15.1
Gross SF
3,300
Guarantor
Corporate Guarantee
Rentable SF
3,300
Price/Gross SF
$893.33
Lease Type
Ground Lease
Rent Per Square Feet
$42.42

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Chase Bank in Fayetteville, AR. The property consists of a 3,300-square-foot, freestanding building that sits on approximately 0.79 acres of land. There are 15 years remaining on the lease with 10% rental increases every 5 years.

Investment Highlights

  • New Development Chase Bank – 15-Year Corporate Ground Lease with 10 Percent Rental Escalations Every Five Years
  • Four Miles to the University of Arkansas, the State's Largest University (More Than 27,000 Students)
  • Excellent Access and Visibility on North College Ave, Where Traffic Counts Exceed 30,929 VPD

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s) AR: PB00098133

    Arkansas

Listing Price: $2,948,000

Cap Rate
4.75%
Tenant Name
Chase Bank
Years Remaining On Lease
15.1
Gross SF
3,300
Guarantor
Corporate Guarantee
Rentable SF
3,300
Price/Gross SF
$893.33
Lease Type
Ground Lease
Rent Per Square Feet
$42.42

Investment Highlights

  • New Development Chase Bank – 15-Year Corporate Ground Lease with 10 Percent Rental Escalations Every Five Years
  • Four Miles to the University of Arkansas, the State's Largest University (More Than 27,000 Students)
  • Excellent Access and Visibility on North College Ave, Where Traffic Counts Exceed 30,929 VPD

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Chase Bank in Fayetteville, AR. The property consists of a 3,300-square-foot, freestanding building that sits on approximately 0.79 acres of land. There are 15 years remaining on the lease with 10% rental increases every 5 years.

Exclusively Listed By

Broker of Record

  • Steve Greer

    First Vice President Investments

    (225) 376-6729

    License(s): AR: PB00098133

    Arkansas

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