Chase

1609 E 30th Ave, Hutchinson, KS 67502

Property Information

  • For Sale $1,596,000
  • Property Type Retail - Street Retail
  • Property Size 3,322 SF
  • Units 1
  • Lot Size 0.88 Acre
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2026
  • Date Updated Sep 23, 2026

Description

Brand-new 15-year corporate ground lease at an extremely low rent for a new construction Chase building. The lease features 10% rental increases every 5 years throughout the base term and six, 5-year extension options at matching increases. The entity on the lease is JPMorgan Chase Bank N.A., which features an investment-grade credit rating of AA- from S&P and generated over $182 billion in total revenue in FY 2025.

Highlights

  • Best-In-Class Tenant: Lease signed by JPMorgan Chase Bank, N.A. (see below)
  • Brand Recognition: Named in the Top 10 Most Admired Companies for 9 consecutive years by Fortune Magazine
  • Brand-New Building: 2026 construction with drive-thru
  • Chase Expansion Validates Market Viability: Chase’s new construction branch represents a significant investment by one of the nation’s largest financial institutions and demonstrates confidence in Hutchinson’s long-term commercial viability
  • Established Economic Base: The trade area benefits from a diversified employment base led by healthcare, education, manufacturing, government and food production, including Hutchinson Regional Healthcare System, Hutchinson Community College, and Tyson Prepared Foods
  • Global Financial Leader: $4.4 trillion in assets under management (as of December 31, 2025)
  • Ideal Location: Directly across from #1 ranked Dillons location nationwide (per Placer.ai)
  • Investment-Grade Credit: Chase features an investment-grade credit rating of AA- from S&P
  • Regional Retail & Service Hub: Hutchinson serves a regional population of approximately 85,000, drawing consumers from throughout South-Central Kansas for shopping, dining, healthcare and entertainment
  • Seamless Access: Direct ingress/egress from E 30th Avenue 15,000 VPD
  • Staggering Revenues: $182.4 billion in FY 2025
  • Strong Lease Fundamentals: 15-year corporate ground lease featuring 10% rental increases every 5 years

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