Chase Bank

4040 Tuscarawas Street West, Canton, OH
Deal Type:
Net Lease
Ownership Type:
Ground Lease
Price:
$1,330,000
Cap Rate:
5.00%
Current Rent:
$66,550
Lease Type:
Triple Net
Landlord Responsibilities:
None
Lease Expiration Date:
Approx. 10 years
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
4,230 SF
Rent Increases:
10% every 5 years
  • chase bank stream capital paratners
  • chase bank stream capital paratners
  • chase bank stream capital paratners
  • chase bank stream capital paratners

Investment Highlights

  • Absolute NNN Ground Lease with Zero Landlord Responsibilities
  • Low Price Point Chase Bank with Below Market Rents
  • Excellent Branch Deposits – over $82M through June 30, 2020
  • Pad site to a Wal-Mart anchored center with excellent visibility and access to Lincoln Highway
  • 9-Minute Drive to the National Football League (NFL) Hall of Fame

Listing Agents

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

In Association with ParaSell, Inc. | A Licensed Ohio Broker #REC.2020005946

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