460 Hungerford DrRockville, MD 20850
Prime Retail Investment: Guaranteed NNN Lease
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- $10,795,000 asking price for a 3,320 SF Chase Bank in Rockville, MD.
- Absolute NNN ground lease with a 15-year term, commencing March 1, 2023, and expiring February 28, 2038, including three 5-year renewal options.
- Corporate guarantee from JPMorgan Chase Bank, NA (investment grade, S&P: A+).
- 10% rent increases every 5 years.
- Located on a signalized corner in Rockville Town Square, near Montgomery College and a dense residential area.
- Brand new construction with a dual drive-thru ATM.
Property Details for 460 Hungerford Dr
- Property type
- Retail properties, Banks
- Square Feet
- 3,320 SF
- Year Built
- 2023
- Lot Size (sq. ft)
- 53,579 SF
Location Insight
- City
- Rockville
- County
- Montgomery
- State
- Maryland
- Latitude
- 39.0893241
- Longitude
- -77.152381
Nearby Similar for Sale
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