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Chase Bank - 75 Main St, Pine Bush, NY

Property Details

  • Price :

  • Square Feet :

  • Cap Rate :

  • $850,000

  • 2,725

  • 4.50%

  • NOI :

  • Acres :

  • $38,268

  • 0.87

  • Property Type :

  • Property Status :

  • Retail

  • Available

Investment Highlights

  • Single Tenant Chase Bank with Drive Thru
  • Investment Grade Credit Rating – S&P Rated A+
  • NN Lease – Minimal Landlord Responsibility
  • Long Term Commitment to Location: 32 years
  • 10% Rent Increase at Renewal
  • Increasing Annual Deposits: 54% increase since 2019
  • Limited Competition:  Only one FDIC insured bank and one credit union in town.

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