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Chase Bank Ground Lease

1011 W Main St, Troy, OH 45373

For Sale
Contact for pricing

The absolute NNN lease has no landlord responsibilities and includes scheduled rent increases during option periods.

Property SizeContact for details
Days on Market15

Property Features for 1011 W Main St

General Information

Standard status Active
Property subtype Retail

Additional Details

Tenant in Place Yes

Building Details

Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: Eric Suffoletto · License MA #9577141
Source: Crexi
Added: Oct 27 Changed: Nov 9 Last Checked: Nov 10 at 8:19AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners

Rey
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Investment Insights

Based on property information with market context.

This Chase bank branch is offered with an absolute NNN ground lease and a corporate guaranty from JPMorgan Chase & Co. The lease places no responsibilities on the landlord and provides for scheduled rent increases during option periods.

At 1011 W Main St in Troy, the property sits on W Main Street, identified as the city’s primary retail corridor. The surrounding area includes national tenants, and the site has regional connectivity within the Dayton MSA. Visitation ranks in the top 20% nationally, according to Placer.ai.

Key Highlights

  • Absolute NNN ground lease with no landlord responsibilities
  • Corporate guaranty from JPMorgan Chase & Co.
  • Scheduled rent increases during option periods

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Chase Bank Bank Chase Mortgage Loan Service Chase ATM Atm

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Pharmacy Computer & Electronic Repair Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 39%
Tim Hortons Dining
11,499 visits/mo 0.3 miles
Wendy's Dining
11,354 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
6,862 visits/mo 0.2 miles
Arby's Dining
6,292 visits/mo 0.1 miles
Chase Bank Shops & Services
4,899 visits/mo 0.1 miles

Demographics for 45373, OH

36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Bank - The absolute NNN lease has no landlord responsibilities and includes scheduled rent increases during option periods.
Where is this bank located?
The property is located at 1011 W Main St Troy, OH.
What is the asking price?
The asking price for this property is $1,241,000.
What are key features of this property?
This property features: Absolute NNN ground lease with no landlord responsibilities; Corporate guaranty from JPMorgan Chase & Co.; Scheduled rent increases during option periods
(508) 272-0585 Call to check price and availability
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