1-5 Brentwood Promenade Ct - Bank FOR SALE


Brentwood, MO 63144
$5,809,000 USD
1-5 Brentwood Promenade Ct, Brentwood, MO for Sale
$5,809,000 USD
Bank - FOR SALE
1/11
null | 5% Cap Rate

1-5 Brentwood Promenade Ct
Brentwood, MO 63144


HIGHLIGHTS

  • Long Term Lease With Healthy Rent Bumps | Minimal Landlord Responsibility | Fee Simple Ownership & Tax Benefits
  • Significant Tenant Investment
  • Investment Grade Tenant
  • Exceptional Visibility And Foot Traffic
  • Top Shopping Center With Irreplaceable Tenant Lineup | Prominent Retail Corridor Along Highly Trafficked Highway | Surrounded By National Retailers
  • Adjacent To Regional Shopping Destination

OVERVIEW

CBRE’s Net Lease Property Group – Midwest is pleased to present the opportunity to acquire a fee-simple interest in a Chase Bank located in Brentwood, Missouri. This long-term lease is guaranteed by Chase Bank, which holds an S&P rating of AA-/Stable, and features 10% increases every five years in the base term, as well as in their four, 5-year extension options. The asset is located within The Promenade at Brentwood, one of the most dominant open-air retail centers in the St. Louis (MSA). This Property is an outparcel to The Promenade at Brentwood, which is ranked amongst the top five shopping centers in the MSA for consumer traffic (2.7 million | Placer.ai) and features a high-quality credit tenant list of national retailers including Target, Trader Joe’s, Burlington, Five Below, ULTA, and more. The Property’s anchor tenants demonstrate an outsized number of visits, with Trader Joe’s and ULTA being ranked as the #1 locations in the state of Missouri. Along with a high-performing tenant line-up, The Promenade at Brentwood benefits from a dominant retail node, which includes St. Louis Galleria, a 1.2M square foot luxury shopping destination home to over 150 shopping, dining, and entertainment options. Chase Bank is the consumer and commercial banking division of JPMorgan Chase & Co. (NYSE: JPM), the largest bank in the United States with approximately $4.4 trillion in assets. The company employs more than 318,000 people globally, generated roughly $57 billion in net income in 2025, and ranks among the world’s leading financial institutions.

FOR SALE DETAILS

PRICE

$5,809,000 USD

PRICE/SF

$1,156 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.8 AC

LAND SF

34,848 SF

ZONING

C

APN/PARCEL ID

20K-33-1104

ASK ABOUT THIS PROPERTY

Michael KaiderCBRE, Inc.More Info

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Michael KaiderCBRE, Inc.More Info

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