6720 Mooretown Rd - Bank FOR SALE


Williamsburg, VA 23188
$3,216,495 USD
215-603-6914
6720 Mooretown Rd, Williamsburg, VA for Sale
$3,216,495 USD
Bank - FOR SALE
1/12
null | 4.85% Cap Rate

6720 Mooretown Rd
Williamsburg, VA 23188


HIGHLIGHTS

  • Brand-new 15-year absolute NNN ground lease following a full 2025 Chase Bank renovation.
  • Lease guaranteed by JPMorgan Chase Bank, N.A. (S&P: AA–), the largest U.S. bank.
  • Absolute NNN structure offers passive ownership with no landlord responsibilities.
  • Prime signalized intersection with excellent regional connectivity via I-64 and US-60.
  • Affluent trade area of 54,000+ residents within 5 miles and $123K+ average incomes.
  • Outparcel to The Home Depot, surrounded by national retailers and near major attractions.

OVERVIEW

CBRE is pleased to exclusively present for sale this 3,996 square foot Chase Bank branch located at 6720 Mooretown Road in Williamsburg, Virginia. Originally constructed in 2006 and fully renovated in 2025, the property is leased on a brand-new 15-year absolute NNN ground lease to JPMorgan Chase Bank, N.A., the largest bank in the United States with an S&P credit rating of AA–. The lease, which commenced May 21, 2025, features 10% rental increases every five years during both the base term and four five-year renewal options, providing durable income growth and long-term stability. The ground lease structure places all maintenance, repair, and replacement obligations — including roof and structure — on the tenant, creating a truly passive investment with zero landlord responsibilities. The property is offered fee simple and includes 24 on-site parking spaces on a 1.16-acre parcel. JPMorgan Chase Bank, N.A. is a publicly traded (NYSE: JPM) company with more than 4,700 branches, $3.9 trillion in assets, and a $566 billion market cap, ensuring institutional-grade security of income. The lease also includes a right of first refusal and a tenant option to terminate at the end of the 10th lease year with nine months’ prior notice, providing both investor flexibility and long-term credit-backed stability.

FOR SALE DETAILS

PRICE

$3,216,495 USD

PRICE/SF

$806 USD /SF

CAP RATE

4.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chase Bank | Williamsburg, VA

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

EO

APN/PARCEL ID

C19C-0165-2077

ASK ABOUT THIS PROPERTY

Matthew GormanCBRE, Inc.More Info
215-603-6914

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Matthew GormanCBRE, Inc.More Info
215-603-6914

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