Year Build: 1981
Building Size: 2,430 SqFt.
No of Stories: 1
Total Lot Area: 1.00 Acre
No of Parking: 20
No of Total Units: 1
Property Current Status: Normal Sale
Building Status: Existing
Heating and Cooling: Heating and Cooling
Building Class: Not Specified
Property on Ground Lease?: No
Net Lease Investment?: No
Business Price Included?: No
Roofing: Metal
Occupancy: 100%
Full Description
Chase Bank is a leading financial services provider in the US and is one of the “Big Four Banks”. The company was known as the Chase Manhattan Bank until 2000, when they merged with J.P. Morgan and Co. Presently, Chase operates as the consumer and commercial banking subsidiary of JPMorgan Chase, with assets of $2.3 Trillion.
The company provides unmatched convenience in the United States, serving
approximately 57 million consumers, 21 million households, and other small
businesses with over 5,600 retail banking offices and approximately 18,000
ATMs. Chase is also one of the nation’s largest credit cards issuer, with over 64million cards in circulation. As of December 31, 2013 JPMorgan Chase (NYSE: JPM) reported total revenue of $96.6 Billion and has a net income of close to $18 Billion. The parent company is JPMorgan Chase & Co. which is a financial holding company. The tenant, JPMorgan Chase Bank, N.A., its principal bank subsidiary, holds investment grade credit of A+ (Stable) by S&P and a Moody’s Rating of Aa3.