Haymarket, VA - Chase Bank

Description:

• Brand new 15-year ground lease with 4 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is corporately signed by Chase Bank, an investment grade bank tenant (S&P: AA-)
• The ground lease features 10% rental increases every 5 years and at the beginning of each option period

• The asset is a part of a larger development that will feature tenants such as Sprouts, Tommy’s Car Wash, Chipotle, Panera Bread, and Wawa
• Strong tenant synergy throughout the site increases crossover store exposure to the subject property
• Ideally located directly off of I-66 & on Route 15 with more than 110,000 combined vehicles passing the site daily

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Listing ID: a28TP000003erS7YAI