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Chase Bank - Washington D.C. 5225 MacArthur NW blvd 2,300 sq ft Retail Property Washington, DC 20016 £7,271,075 (£3,161.34/sq ft) 5.10% Net Initial Yield
Investment Highlights
- Corporate JP Morgan Chase Bank Ground Lease | 15 Years Plus Options | 10% Structured Rent Increases
- Close Proximity to American University, Georgetown University, Sibley Hospital | Gateway Intersection - Chain Bridge
- Dense, Affluent Demographics In The Trade Area
- Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
Executive Summary
SRS National Net Lease is pleased to offer the opportunity to acquire the leased fee interest (land ownership) in an absolute NNN leased, Chase Bank investment property located in Washington D.C.. The tenant, Chase Bank, recently signed a brand new 15-year lease with 3 (5-year) options to extend, demonstrating their commitment to the site. The lease features 10% rental increases every 5 years throughout the initial term and at the beginning of each option period, steadily growing NOI and hedging against inflation. The lease is absolute NNN with zero landlord responsibilities making it an ideal, management free investment opportunity for a passive investor.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Property Size
2,300 sq ft
Year Built/Renovated
1964/2025
Price
£7,271,075
Price per sq ft
£3,161.34
Yield
5.10%
NOI
£371,128
Tenancy
Single
Number of Floors
1
Plot ratio
0.08
Total Plot Size
0.66 ac
Use Class
MU-3A
Parking
36 Spaces (15.65 Spaces per 1,000 sq ft Leased)
Amenities
- 24 Hour Access
- Corner Lot
- Pylon Sign
- Signalised Intersection
- Drive Thru
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1419-0929 | Improvements Assessment | £853,836 |
| Land Assessment | £2,954,616 | Total Assessment | £3,808,453 |
Property Taxes
Parcel Number
1419-0929
Land Assessment
£2,954,616
Improvements Assessment
£853,836
Total Assessment
£3,808,453
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Chase Bank - Washington D.C. | 5225 MacArthur NW blvd
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