460 Hungerford Dr Rockville, MD 20850
New 15-year corporate guaranteed lease with options to extend.
Property size:
3,320 SFLot size:
1.20 AcresProperty Features for 460 Hungerford Dr
General Information
- Size
- 3,320 SF
- Lot size
- 1.20 Acres
Source:
Moodyscre
Listing 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.
Location Intelligence
Current Use by Public Records
Chase Bank
Bank
Chase ATM
Atm
Location Insight
- Map
- Local Demand
- City
- Rockville
- County
- Montgomery
- State
- Maryland
- Longitude
- -77.152332
- Latitude
- 39.0892572
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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