Chase Bank New 15 Year NNN Lease 2678 S 108th St

The Kase Group is pleased to present the opportunity to acquire a well established Chase Bank location in West Allis, Wisconsin. The newly constructed building consists of 2,798 square feet situated on a 0.88 acre lot. The brand new 15 year lease calls for zero landlord obligations with 10% increases every 5 years and three, 5-year renewal options. The asset has excellent visibility at the busy signalized intersection of Highway 100 (27,000 VPD) and Cleveland Ave which connects to Interstate 41 (157,000 VPD) with additional signage being constructed. The site is advantageously located adjacent to West Allis Center, a 232,57 square foot shopping center and a renovated Target store which draw in a combined 3.5+ million visitors annually. The subject benefits from dense demographics with 259,840 residents, 112,418 households, and an average household income of $87,414 within a 5-mile radius and is conveniently located 7 miles from Downtown Milwaukee (560,000+ population). This Chase Bank neighbors national tenants such as Walgreens, OfficeMax, Burger King, Chick-fil-A, Target, Panda Express, Starbucks, Marshalls & HomeGoods, Starbucks, Kohl's, Piggly Wiggly & many more.
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