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.