Chase Bank NNN Ground
For Sale
Contact for pricing
315 Hancock St, Quincy, MA 02171
New-construction bank branch includes a dedicated drive-through lane on a corner parcel.
Property Size2,894 SF
Price / SF$2,204
Days on Market142
Property Features for 315 Hancock St
General Information
Standard status
Active
Size
2,894 SF
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$319,000
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Year Built
2021
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Horvath & Tremblay
Listed By:
Bob Horvath · License #CT 756500
Source:
Crexi
Added: Apr 11
Changed: Aug 30
Last Checked: Apr 24 at 10:15PM
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 Horvath & Tremblay
Investment Insights
Based on property information with market context.
This new-construction Chase Bank branch occupies a 2,894-square-foot building on a corner parcel and includes a dedicated drive-through lane. The property is subject to a 15-year ground lease with six, five-year renewal options. Contractual rent increases are set at 10% every five years during both the initial term and renewal periods.
The site is positioned at the entrance to the North Quincy MBTA Station, where Hancock Street meets W Squantum Street at a signalized intersection. North Quincy is served by the MBTA Red Line and is approximately 5 miles south of Boston within the Boston MSA. The surrounding trade area includes national tenants and retail centers.
The site is positioned at the entrance to the North Quincy MBTA Station, where Hancock Street meets W Squantum Street at a signalized intersection. North Quincy is served by the MBTA Red Line and is approximately 5 miles south of Boston within the Boston MSA. The surrounding trade area includes national tenants and retail centers.
Key Highlights
- 2,894‑square‑foot new‑construction Chase Bank branch
- 15‑year ground lease with six, five‑year renewal options
- 10% rent increases every five years through the base term and option periods
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
973
Businesses Nearby
254k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 29%
Dining 27%
Groceries 25%
Apparel 17%
Stop & Shop
Groceries
62,948 visits/mo
0.4 miles
Marshalls
Apparel
43,614 visits/mo
0.5 miles
Speedway
Shops & Services
21,860 visits/mo
0.1 miles
Chipotle Mexican Grill
Dining
20,902 visits/mo
0.3 miles
Ocean State Job Lot
Shops & Services
13,556 visits/mo
0.4 miles
Demographics for 02171, MA
19,539
Population
9,513
Households
2.1
Avg Household Size
41
Median Age
52%
College-Educated
88%
High-School Grad
2.5 sq mi
ZIP Area
7,816
Density / Sq Mi
$104,992
Median Household Income
$58,835
Median Earnings
$2,281
Median Rent
$630,200
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - New-construction bank branch includes a dedicated drive-through lane on a corner parcel.
Where is this nnn property located?
The property is located at 315 Hancock St Quincy, MA.
What is the asking price?
The asking price for this property is $6,380,000.
What are key features of this property?
This property features: 2,894‑square‑foot new‑construction Chase Bank branch; 15‑year ground lease with six, five‑year renewal options; 10% rent increases every five years through the base term and option periods
