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New Chase Bank Ground Lease
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460 Hungerford Dr, Rockville, MD

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

Property Size3,320 SF
Lot Size1.20 Acres
Days on Market477

Property Features for 460 Hungerford Dr

General Information

Standard status Active
Size 3,320 SF
Lot size 1.20 Acres
Property subtype RETAIL
Listing Agency: SRS Real Estate Partners | McLean
Listed By: Rick Fernandez · License #RSR006585
Source: Moodyscre
Added: Apr 10, 2025 Changed: Jul 6 Last Checked: Jul 21 at 4:44AM

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 SRS Real Estate Partners | McLean

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • 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

Property Analytics

Current Use

Chase Bank Bank Chase ATM Atm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Veterinary Clinic Electrical Service Fish Market Clothing & Fashion Store Locksmith

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

Location Intelligence

Trade Area within ½ mile

2,234
Businesses Nearby

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

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
(703) 297-9623 Call to check price and availability
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