1011 W Main St - Storefront FOR SALE


Troy, OH 45373
$1,272,333 USD
508-272-0585
1011 W Main St, Troy, OH for Sale
$1,272,333 USD
Storefront - FOR SALE
1/4
null | 6% Cap Rate

1011 W Main St
Troy, OH 45373


HIGHLIGHTS

  • DAYTON MSA LOCATION & REGIONAL ECONOMIC ANCHORS
  • DOMINANT RETAIL CORRIDOR WITH STRONG NATIONAL CO-TENANCY
  • HIGH TRAFFIC LOCATION

OVERVIEW

INVESTMENT-GRADE CORPORATE CREDIT (S&P: AA-) - ?Lease guaranteed by JPMorgan Chase, the largest bank in the United States by deposits with $2.8 trillion in assets and a global banking platform STRONG BRANCH FUNDAMENTALS | $97 MILLION DEPOSIT BASE - ?The property is supported by an approximately $97 million deposit base, demonstrating meaningful customer penetration and reinforcing the branch's importance within JPMorgan Chase's regional network ABSOLUTE NNN GROUND LEASE WITH RECENT RENEWAL - ?Structured as an absolute NNN ground lease with zero landlord responsibilities, offering investors a fully passive, management-free income stream ? - The lease was recently renewed by the tenant, demonstrating long-term commitment and longevity at the site HIGH TRAFFIC LOCATION - ?This location ranks in the top 20% of Chase branches nationally by foot traffic (Placer.ai), underscoring its long-term operational relevance DOMINANT RETAIL CORRIDOR WITH STRONG NATIONAL CO-TENANCY - ?Strategically positioned along W Main Street, Troy's primary commercial corridor, surrounded by national retailers including Walmart, Kroger, McDonald's, and AutoZone, driving consistent consumer traffic to the market DAYTON MSA LOCATION & REGIONAL ECONOMIC ANCHORS - ?Located within the Dayton MSA (800K+ population), supported by major employers including Wright-Patterson Air Force Base, Premier Health, and a diversified advanced manufacturing base, providing durable economic demand drivers

FOR SALE DETAILS

PRICE

$1,272,333 USD

PRICE/SF

$539 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NNN Freestanding Chase Bank | Troy, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

commercial

APN/PARCEL ID

D08057876

ASK ABOUT THIS PROPERTY

Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

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Eric SuffolettoAtlantic Capital PartnersMore Info
508-272-0585

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.