Bank
Chase Bank
2400 S McKenzie St, Foley, AL 36535
Listing Price: $3,115,000
Investment Overview
The subject property is a brand-new 2026 construction, single-tenant Chase Bank ground lease with an absolute NNN structure and zero landlord responsibilities. The lease features 10% rent increases every five years, and the property sits on a prime, signalized corner along Foley’s primary retail corridor with strong visibility and access in Baldwin County, one of the fastest-growing counties in the U.S.
Investment Highlights
- New 2026 Construction
- 15-Year Absolute NNN Corporate Ground Lease
- 4-Way Signalized Corner Location
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments
Listing Price: $3,115,000
Investment Highlights
- New 2026 Construction
- 15-Year Absolute NNN Corporate Ground Lease
- 4-Way Signalized Corner Location
Investment Overview
The subject property is a brand-new 2026 construction, single-tenant Chase Bank ground lease with an absolute NNN structure and zero landlord responsibilities. The lease features 10% rent increases every five years, and the property sits on a prime, signalized corner along Foley’s primary retail corridor with strong visibility and access in Baldwin County, one of the fastest-growing counties in the U.S.
Broker of Record
-
Eddie Greenhalgh
Senior Managing Director Investments