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Chase Bank NNN
1744 Centre Street · Boston, MA 02132 · Banking / Financial
Asking price
$2,900,000
Cap rate
5.00%
NOI
$145,000
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Lease
Lease typeNNN
Term remaining11.5 yrs
Expiration09/2037
Rent bumps10.00% Every 5 Years
Options4, 5 -Year Options
Ground leaseNo
Credit profileCorporate Guarantee
TenancySingle
Planning a 1031 Exchange
Give us your relinquished sale close date and we will calculate your 45-day
identification and 180-day closing deadlines, track the clock, and surface matching
inventory before it expires. We coordinate directly with your Qualified Intermediary
and can introduce one if you have not yet engaged an exchange accommodator.
Investment Grade does not provide tax or legal advice.
Property
Building SF3,500
Price / SF$829
Year built2022
Lot size0.39 ac
TypeRetail
Days on market4
Need year-one bonus depreciation
Building age, size and improvement mix drive how much of this asset a cost
segregation study can accelerate into year one. Tell us your tax year and entity
and we will model the deduction.
Investment highlights
Long Term Abs NNN Lease | There are over eleven (11) years remaining on an original fifteen (15) year absolute triple net (NNN) lease with no landlord responsibilities.
Corporate Guarantee | This lease is subject to a corporate guarantee from JP Morgan Chase. JP Morgan Chase is the largest bank in the United States and the world's largest bank by market capitalization with over $4.4 trillion in assets, as of 2025.
Attractive Rental Increases | The subject investment property features attractive rental increases of 10% every 5 years, providing a strong hedge against inflation and future income growth for potential investors.
Affluent Community | This Chase Bank is situated in a highly affluent community, as the average household income exceeds $176,000 within a one -mile radius.
Dense Retail Corridor | The subject property is located within a dense retail corridor, surrounded by national and local tenants. National tenants in the area include Trader Joe’s, The Home Depot, Roche Bros, CVS, Starbucks, 7 -Eleven, and many more.
Robust Demographics | There are over 27,000 individuals within a one -mile radius and growing over the next five years. There are over 150,000 individuals within a three -mile radius and over 600,000 within a five -mile radius.
Boston College | Boston College is less than four miles from this Chase Bank. Boston College is home to over 15,000 students and over 200,000 alumni. Other schools in a ten -mile radius include Boston University, M.I.T, Tufts University, Babson College, among others.
Real Estate Fundamentals | West Roxbury is less than seven (7) miles from downtown Boston and is accessible via the Needham Line of the MBTA Commuter Rail. Boston is the capital and most populous city of Massachusetts. It serves as a cultural and financial center of New England.
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Asking-market observation aggregated from public listing sources, last
observed Sep 25, 2026.
Figures are asking price and asking cap rate as published by the listing party, not a
verified closed transaction. Lease terms shown where reported by the listing party and
not independently verified. Shown for market reference only; this is not an offering.
Investment Grade Income Property, LP represents buyers on a cooperating commission basis.