13398 Preston Rd - Bank FOR SALE
Dallas, TX 75240 |
13398 Preston Rd
Dallas, TX 75240
HIGHLIGHTS
- Strong Deposits – For the fiscal year of 2024, Chase reported deposits of $248,225,000.
- Chase Bank Guaranty – A+ Credit Rating according to the S&P 500 Index.
- 10% Rent Increases Every 5-Years – First Rent Bump occurs 2/1/2027 and continues on Every 5 Years throughout the option periods.
- Four (4), Five-Year Options to Renew the Lease – Allowing for a potential 20 additional years of rent from the Tenant after the base term expires.
- Multiple Drive Thru Lanes – Built in 2011, this location has 3-drive thru lanes, allowing excellent flow of traffic and quick access to services.
- Excellent Visibility – This bank is situated on ±0.42 AC of land along Preston Rd, which sees ±54,100 VPD.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Chase Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
3843
STORIES
1
YEAR BUILT
2011
SPRINKLERS
-
PARKING SPACES
18
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
007438000A0020000
