Chase Bank

19400 West Catawba Avenue, Cornelius, NC
Deal Type:
Net Lease
Ownership Type:
Ground Lease
Cap Rate:
Current Rent:
Lease Type:
Triple Net
Landlord Responsibilities:
Lease Expiration Date:
Approx. 20 years
Renewal Options:
Four, 5-year options
Building Sq. Ft.:
Rent Increases:
10% in year 11 and in each option period
Site Size:
1.5 acres
  • chase bank stream capital partners
  • chase bank stream capital partners
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Investment Highlights

  • 20-year, absolute NNN ground lease with no landlord responsibilities
  • Investment grade credit tenant (S&P: A+)
  • Affluent Charlotte MSA location with average household incomes of $136,800 within 3 miles
  • Large, 1.5-acre parcel situated at a signalized hard corner with 41,400 VPD
  • Dense retail corridor anchored by Harris Teeter and Publix. Other retailers include CVS, Wells Fargo, Walgreens, Starbucks, and McDonald’s

Listing Agents

Graham Gold

Vice President
314 324 8792

Phil DiGennaro

Managing Director
203 610 1541

Jordan Shtulman

Managing Principal
847 226 4133

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