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460 Hungerford Dr Rockville, MD 20850

For Sale
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New 15-year corporate guaranteed lease with options to extend.

Property size:
3,320 SF
Lot size:
1.20 Acres

Property Features for 460 Hungerford Dr

General Information

Size
3,320 SF
Lot size
1.20 Acres

Source: SRS Real Estate Partners | McLean Agent Rick Fernandez

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

New Chase Bank Ground Lease

The property is a brand new construction featuring state-of-the-art bank features. It is equipped with a two-lane drive-thru ATM, allowing for contactless transactions as well as providing ease and convenience for guests. The lease is corporate guaranteed by JPMorgan Chase Bank, NA., an investment grade (S&P: A+), nationally recognized, and an established bank with over 5,100 locations and 16,000 ATMs Nationwide. The property has a brand new 15-year lease with 3 (5-year) options to extend. The ground lease features 10% rental increases every 5 years and at the beginning of each option. The tenant pays for CAM, taxes, insurance, and maintains all aspects of the premises. There are no landlord responsibilities. The investor benefits from fee-simple ownership of the land. The property size is 3320 square feet and is located at 460 Hungerford Dr, Rockville, MD.
Insight Report Location Intelligence

Current Use by Public Records

Chase Bank Bank Chase ATM Atm

Suggested Use

Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Daycare Center Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Rockville
County
Montgomery
State
Maryland
Longitude
-77.152332
Latitude
39.0892572

FAQs

What type of property is this?
Bank - New 15-year corporate guaranteed lease with options to extend.
Where is this bank located?
The property is located at 460 Hungerford Dr Rockville, MD.
What are key features of this property?
This property features: - Corporate guaranteed lease by JPMorgan Chase Bank, NA (S&P: A+); - Brand new 15-year lease with 3 (5-year) options to extend; - Enjoy 10% rental increases every 5 years and at the beginning of each option
More about this property
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