February 1, 2022 – Matt Nadler and Logan Fite of Horvath & Tremblay have successfully completed the sale of Chase Bank in Dublin, Ohio. Horvath & Tremblay procured the buyer to complete the transaction at a sale price of $2,025,000.
Chase Bank is located at 3800 Tuller Road in Dublin, Ohio. Constructed in 1987, the stand-alone building consists of 8,390 square feet and sits on 1.84 acres of land. Chase Bank has 1+ years remaining on their Modified Triple Net Lease (landlord is responsible for structure only) with two (2), 5-year option periods. The lease features 10.0% increases at the start of each renewal option period. The Property features a large parking field, four dedicated drive-thru lanes and a 24-hour ATM. Chase Bank is shadow anchored by the Dublin Village Center and is extremely well located along Sawmill Road, the area’s primary retail corridor. The Property is positioned at the exit 20 off ramp of Interstate 270 and is surrounded by national retailers, including four supermarkets (Meijer, Kroger, Whole Foods and Trader Joe’s), Target, and a Walmart Supercenter driving traffic to the area.
Horvath & Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Our advisors specialize in the sale of single tenant net-lease assets and retail shopping centers. They have experience successfully structuring sale lease-back programs, portfolio dispositions, and 1031 exchanges. Horvath & Tremblay is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.