Chase Bank

807 Southfield Drive - Plainfield IN 46168

LTV (Loan to Value)	65.00%	Current NOI	$152,500.00
Interest Rate	4.250%	Capital Rate	5.500%
Fixed Term	10 Years	Land Area
Amortization	25 Years	Lease Type	NNN
Loan Amount	$1,803,750.00	Property Type	Retail
Payment	$9,771.60	Property Lease	Financial Services
Bulding Size	0 SF	Remaining Terms

Location Description

NNN Lenders is pleased to offer for sale the Chase Bank property (including land and improvements) located at 807 Southfield Drive, Plainfield (Indianapolis), Indiana.Chase Bank operates under a NNN lease with 4 years remaining on a 22.5-year base lease term. The lease features one renewal option at 7.5 years.Chase is the U.S. consumer and commercial banking business of JPMorgan Chase & Co. (NYSE: JPM), a leading global financial services firm with assets of $2.6 trillion, more than 5,600 branches and 18,000 ATMs. As of March 31, 2015, JPMorgan Chase & Co. reported total annual revenue of $91.8 billion and a net worth of more than $235.8 billion. JPMorgan Chase & Co. currently carries a Standard & Poor’s credit rating of A+/Stable.

Highlights

Strong Corporate Tenant – JPMorgan Chase Bank N.A. is an industry leading national bank. As of March 31, 2015, Chase…

Property Description

Plainfield is a town in Hendricks County, Indiana with a 2013 population of 30,097, which represents a 64% increase since 2000. Plainfield has seen steady growth over the past several years and is a significant commercial center for Hendricks County.The subject property is located near several industrial and business parks just five minutes from Indianapolis International Airport, and has convenient access to Interstate 70 (70,959 VPD). It is also situated 1.5 miles from Metropolis Lifestyle Center, a 600,000 SF open-air shopping and entertainment complex anchored by Dick’s Sporting Goods, JCPenney and Carmike Cinemas.