Single-Tenant Bank
For Sale
Contact for pricing
90 W Butler Pike, Ambler, PA 19002
Chase Bank occupies the property under a long-term NNN ground lease with scheduled rent escalations.
Property SizeContact for details
Days on Market140
Property Features for 90 W Butler Pike
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
Forged Real Estate
(610) 608-2621
Listed By:
Marco DiPrinzio · License #327764
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 3:03PM
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 Forged Real Estate
Investment Insights
Based on property information with market context.
This fee-simple bank property is leased on a single-tenant NNN ground lease to Chase Bank. The current 15-year lease commenced in November 2021 and provides for 10% increases at five-year intervals. Chase Bank carries an A+ investment-grade credit rating from S&P, with a positive outlook, supporting the profile of the tenancy.
The property is positioned in Downtown Ambler at the signalized Butler Avenue and Maple Avenue intersection. It directly adjoins the Ambler Train Station, served by the Lansdale/Doylestown Line, which averages more than 16,000 weekday passengers. The surrounding downtown setting includes over 20 restaurants and more than 25 retail destinations, placing the asset within an established business, dining, and shopping environment.
The property is positioned in Downtown Ambler at the signalized Butler Avenue and Maple Avenue intersection. It directly adjoins the Ambler Train Station, served by the Lansdale/Doylestown Line, which averages more than 16,000 weekday passengers. The surrounding downtown setting includes over 20 restaurants and more than 25 retail destinations, placing the asset within an established business, dining, and shopping environment.
Key Highlights
- 15‑year Chase Bank lease commenced in November 2021
- 10% rent increases scheduled every 5 years
- NNN ground lease on a fee‑simple interest
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
573
Businesses Nearby
Explore this area
Business Placement
Demographics for 19002, PA
33,279
Population
12,607
Households
2.6
Avg Household Size
44
Median Age
67%
College-Educated
98%
High-School Grad
20.2 sq mi
ZIP Area
1,647
Density / Sq Mi
$140,070
Median Household Income
$70,319
Median Earnings
$1,605
Median Rent
$558,800
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?
Bank - Chase Bank occupies the property under a long-term NNN ground lease with scheduled rent escalations.
Where is this bank located?
The property is located at 90 W Butler Pike Ambler, PA.
What are key features of this property?
This property features: 15‑year Chase Bank lease commenced in November 2021; 10% rent increases scheduled every 5 years; NNN ground lease on a fee‑simple interest
