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Ryan J Schubert
Senior Vice President
(602) 224-4472 PH
rschubert@brephoenix.com


Michael P Hackett
Senior Vice President
(602) 224-4449 PH
mhackett@brephoenix.com


Chase Bank Ground Lease
830 South Mill Avenue


The Offering: 20 year Absolute NNN ground lease with no landlord responsibilities along with scheduled 10% rent increases every five (5) years. Located just south of the intersection of University Drive and Mill Avenue. Adjacent to the Arizona State University main campus with over 50,000 students and faculty. In addition, Chase is one of Tempe's largest employer's with over 1,700 employees.
Property Type: Retail Building
Year Built: 2010
Approximate Size: ±3,838 SF
Site Area: 0.56 Acres
Price: $3,307,692
CAP Rate: 6.50%
Occupancy: 100%
Terms:


Broker - Electronic Confidentiality Agreement - Principal
The Offering Memorandum is password protected. To receive the password, please fill out the appropriate electronic confidentiality agreement above and the password will be emailed to you. If you have any questions, please contact a member of the listing team.

Offering Memorandum
  
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