JP Morgan Chase Bank San Francisco, CA

RARE SAN FRANCISCO LONG TERM CHASE BANK SINGLE TENANT NNN (Chase is responsible for roof and structure). Chase has a S&P Credit Rating of A+. Deposits have increased approximately 20% since 2009, based upon FDIC data from $95,653,000 to, $114,102,000 in 2013 as of June 30 of each respective year. CPI increases of minimum 10% and maximum 15% every five years. Cap Rate is on 2015 NOI using the minimum allowed 10% CPI increase scheduled 1/1/2015.

In 2012 Chase remodeled the interior and extended the primary term ten years, until 2025, with an additional five year option at market rent.
Includes six (6) on-site parking spaces.