Pataskala, OH (Columbus MSA) 43062

Chase Bank Ground Lease

Property Address

8875 Broad Street Southwest, Pataskala, OH, USA

Offering Summary

  • Price: $1,375,000
  • Lot Size: 1.1 Acres
  • Cap Rate: 4.0%
  • Year Built: 2023
  • Building SF: 3,000
  • Status: Available
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  • Absolute Triple-Net (NNN) Ground Lease with 17 Years Remaining - Extremely Low Ground Rent
  • 10% Rental Increases Every Five Years with Multiple Renewal Options
  • Corporate Guaranty by JPMorganChase (NYSE: JPM) - S&P Credit Rating: A/A-1
  • New High-Quality 2023 Construction with a Drive-Thru ATM
  • Situated in the Columbus MSA with 30,851 Residents in the Surrounding Area
  • Excellent Frontage Along Broad Street SW, Easily Accessible by 21,090+ Cars per Day
  • Average Household Income Exceeds $113,000 within a 5-Mile Radius
  • Across from Kroger-Anchored Shopping Center - Other Neighboring Tenants Include CVS, Dollar Tree, AutoZone Auto Parts, and Domino's Pizza – Per Placer.ai, Top Performing Retail Locations in the Country

Broker Information