Chase Bank Houston, TX

1155 Edgebrook Drive
Houston, TX

Price: $2,632,000
Cap Rate: 6.25%
NOI: $164,495
Building Size: Approx. 9,261 Sq. Ft.
Lot Size: Approx. 1.74 Acres
Type: Single-Tenant / Commercial
Sub Category: Bank / Financial
Year Built / Renovated: 1991 / 2023

Investment Overview

  • 2023 Renovation. 9,261+/- SF Building on 1.74+/- Acre Site
  • 5-Year Corporate Net Lease w/ 10% Rental Increases Every 5 Years, w/ (2) 5-Year Options to Renew
  • Excellent Deposits w/ Over $134 Million Reported in 2022
  • Property is Near Intersection of I-45 and Edgebrook Dr – Sees Over 194,000 VPD
  • Located on Rare Oversized Parcel of 1.74 Acres; Also Larger than Your Average Bank
  • JPMorgan Chase Bank, through Subsidiary Chase Bank, is the Largest Bank in the U.S. – Only Bank w/ Presence in Every State
  • Houston | 5th Largest MSA in the U.S. | MSA Population: 7.34M +

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