Bank
Chase Bank (New, 15-Year Ground Lease)
15980 Woodland Hills Dr, Humble, TX 77346
Listing Price: $3,053,000
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Chase Bank in Humble, TX. The property consists of a 3,250-square-foot, freestanding building that sits on approximately 1 acre of land. There are 15.3 years remaining on the lease with 10% rental increases every 5 years.
Chase Bank (New, 15-Year Ground Lease)
Investment Highlights
- New Development Chase Bank – 15-Year Corporate Ground Lease with 10 Percent Rental Escalations Every Five Years
- Outparcel to the H-E-B–Anchored Market at The Groves — Gateway to a 1,000-Acre, Master-Planned Community
- High-Growth North Houston Submarket – 175,000+ Residents and Rising
- Excellent Access and Visibility off Woodland Hills Drive (14,880 VPD)
- Strong Daytime Population – 133,201 Within 5 Miles
- Located in One of Houston's Fastest-Growing Submarkets – Atascocita/Humble Corridor
- Corporate Guarantee from JPMorgan Chase (S&P: A+)
Exclusively Listed By
Listing Price: $3,053,000
Investment Highlights
- New Development Chase Bank – 15-Year Corporate Ground Lease with 10 Percent Rental Escalations Every Five Years
- Outparcel to the H-E-B–Anchored Market at The Groves — Gateway to a 1,000-Acre, Master-Planned Community
- High-Growth North Houston Submarket – 175,000+ Residents and Rising
- Excellent Access and Visibility off Woodland Hills Drive (14,880 VPD)
- Strong Daytime Population – 133,201 Within 5 Miles
- Located in One of Houston's Fastest-Growing Submarkets – Atascocita/Humble Corridor
- Corporate Guarantee from JPMorgan Chase (S&P: A+)
Investment Overview
Marcus & Millichap is pleased to present the opportunity to acquire a ground lease Chase Bank in Humble, TX. The property consists of a 3,250-square-foot, freestanding building that sits on approximately 1 acre of land. There are 15.3 years remaining on the lease with 10% rental increases every 5 years.
Exclusively Listed By
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