NNN Tenant Profile · Bank
Chase Bank
NNN Ground Leases
Top-tier bank credit on long-term ground leases, from a buyer’s broker with 4 Chase Bank closings in 2 states.
Top-tier bank credit on long-term ground leases, from a buyer’s broker with 4 Chase Bank closings in 2 states.
A Chase Bank NNN property is typically a ground lease under a freestanding branch, usually a pad site with a drive-thru ATM on a busy retail corridor. You own the land, Chase builds and owns the branch, and Chase pays all taxes, insurance and maintenance. New leases typically run 20 years with 10% rent increases every five years. The tenant is typically JPMorgan Chase Bank, N.A., rated AA- by S&P, one of the highest ratings of any net lease tenant, and part of JPMorgan Chase, the largest bank in the U.S. with more than $4 trillion in assets. That combination of top-tier credit and land-only ownership makes Chase ground leases a favorite of safety-focused 1031 exchange buyers.
Solid Investments FL has represented buyers on 4 Chase Bank transactions in Florida and Illinois, including a downtown West Palm Beach ground lease and a Glenwood, Illinois ground lease with rare 2.5% annual rent increases. See them in our track record. Our buyer representation is always free to you.
| Tenant | JPMorgan Chase Bank, N.A.; confirm the tenant entity on each lease |
|---|---|
| Parent company | JPMorgan Chase & Co. (NYSE: JPM), New York |
| Credit rating | S&P AA- (JPMorgan Chase Bank, N.A.) |
| Size | Largest U.S. bank, with $4 trillion+ in assets and about 5,000 branches |
| Typical lease term | 20 years on new ground leases |
| Lease type | Ground lease; Chase builds and owns the branch |
| Rent increases | Typically 10% every 5 years; some leases have annual increases |
| Renewal options | Multiple 5-year options |
| Typical cap rate (2026) | ~4.5%–5.25% for new 20-year ground leases |
| Typical price range | About $1.5M–$6M |
| Typical site | Pad site of about an acre with drive-thru ATM, often an outparcel |
Credit ratings as of October 2026. Cap rates and pricing reflect current market conditions and vary by deal.
JPMorgan Chase Bank, N.A. is rated AA- by S&P, among the strongest credits available in net lease. Confirm the bank entity is the tenant on the lease you are buying.
You own the land and Chase owns the branch, with zero landlord responsibilities. A well-located pad site is your long-term protection, since it appeals to restaurants, retailers and other banks.
While many banks have cut branches, Chase has been expanding, announcing plans in 2024 to open more than 500 new branches by 2027. Even so, branch performance and location still drive renewals.
Most new Chase ground leases have 10% increases every five years. Some are better: our 2019 Glenwood, Illinois closing had rare 2.5% annual increases through the base term and options.
Chase ground leases trade at low cap rates, about 4.5% to 5.25% for new 20-year leases. At today’s interest rates, most buyers are all-cash 1031 investors.
Look for corner or outparcel sites with strong traffic counts, visibility and easy drive-thru access, the same features that make the land valuable to other users.
We’ve helped buyers close 4 Chase Bank transactions in 2 states:
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Solid Investments FL is a NNN buyer's brokerage based in Lakewood Ranch (Sarasota), FL, that has represented buyers on 4 Chase Bank transactions in 2 states. We help investors and 1031 exchange buyers find and close Chase Bank ground leases nationwide, including off-market opportunities, and our buyer representation is free.
As of 2026, new 20-year Chase Bank ground leases are generally priced around 4.5% to 5.25%, depending on location, rent increases and lease term.
JPMorgan Chase Bank, N.A., the entity that typically signs Chase branch leases, is rated AA- by S&P, one of the highest ratings of any net lease tenant.
Usually, yes. Most Chase branch investments are ground leases: you own the land, Chase builds and owns the branch, and Chase pays all taxes, insurance and maintenance, with no landlord responsibilities.
Chase has been expanding rather than shrinking, announcing plans in 2024 to open more than 500 new branches by 2027, even as many other banks reduce their networks. Individual branch performance and location still matter at renewal.
New Chase ground leases typically run 20 years with 10% rent increases every five years, followed by multiple 5-year renewal options. Some leases include annual increases instead.
For buyers who prioritize safety, yes. A Chase ground lease combines AA- rated bank credit, zero landlord responsibilities, scheduled rent increases and land as long-term security, at price points from about $1.5 million to $6 million. The trade-off is a lower cap rate.
Generally no. With a ground lease you own only the land, which is not depreciable, while Chase owns the branch building. Investors accept that in exchange for the safety and passivity of the ground lease structure.
General information only, not investment, tax or legal advice. Credit ratings and market data change; verify current figures before investing.
We’ve closed Chase ground leases in Florida and Illinois and see off-market opportunities nationwide. Tell us your budget and timeline; our buyer representation is completely free.
📞 954-296-6955 | 11015 Gatewood Dr Suite 102, Lakewood Ranch, FL 34211