Chase Bank
Fishers, Indiana
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NNN Pro Group is pleased to present the exclusive listing for a brand-new Chase Bank located at 11610 Olio Road, Fishers, Indiana. The site consists of roughly 4,173 rentable square feet of building space on estimated 0.88-acre parcel of land. This Chase Bank is subject to an original 25-year triple-net (NNN) ground lease, which commenced May 9, 2007. The current annual rent is $183,013 and is scheduled to increase by 10% every 5 years throughout the base term and in each of the 3, 10-year renewal options.
✓ Original 25-Year Triple Net (NNN) Ground Lease
✓ Approximately 9 Years of Term Remaining
✓ Ten Percent (10%) Rental Increases Occurring Every Five (5) Years
✓ Three (3), Ten (10)-Year Tenant Renewal Options
✓ Over $203M in Branch Deposits Reported in 2023