- 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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Contacts
John Andreini
CP Partners
Location
Contact Listing Broker
John Andreini
CP Partners