449 York Rd - Bank FOR SALE


New Hope, PA 18938
$3,500,000 USD
858-373-3174
449 York Rd, New Hope, PA for Sale
$3,500,000 USD
Bank - FOR SALE
1/3
null | 5% Cap Rate

449 York Rd
New Hope, PA 18938


HIGHLIGHTS

  • New 15-Year Absolute NNN Corporate Ground Lease with 10% Increases Every 5 Years
  • Investment Grade Tenant (NYSE: JPM; S&P: AA-), 5,300+ Branches in 48 States
  • Leading Financial Services Firm Based in the U.S. with $4.6 Trillion in Assets
  • Chase Has Opened More Branches Than All Large Bank Peers Combined Over the Last 7 Years
  • Significant Capital Investment by Tenant to Build New Bank Branch
  • Centrally Located Between New York City and Philadelphia

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$700 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase Bank Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Freestanding, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

HC

APN/PARCEL ID

41-022-143-001

ASK ABOUT THIS PROPERTY

Phil SambazisMarcus & MillichapMore Info
858-373-3174

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Phil SambazisMarcus & MillichapMore Info
858-373-3174

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