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Chase Bank 24802 Morton Ranch Rd

3,333 SF 100% Leased Retail Building Katy, TX 77493 £2,671,666 (£802/SF) 4.50% Net Initial Yield

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Investment Highlights

Corporate lease to JP Morgan Chase (NYSE: “JPM”), rated “A+” by S&P.
JP Morgan Chase reported approximately $53B of TTM net profit.

Chase Bank is one of the world’s leading financial institutions with nearly $4.2T in assets as of September 2024 and a Market Cap of $675 Billion.
16,000 ATMs and more than 4,700 Branches.

Executive Summary

Broker of Record
Patrick Graham
License No. 9005919 (TX)

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Bank

Building Size

3,333 SF

Building Class

Year Built

2024

Construction Status

Proposed

Price

£2,671,666

Price Per SF

£802

Net Initial Yield

4.50%

NOI

£120,225

Percent Leased

100%

Number of Floors

This feature is unavailable at the moment.