CHASE BANK

INVESTMENT HIGHLIGHTS

• Industry Leading Tenant with over $2.6 Trillion in Assets – Chase Bank is one of the largest banks in the US with more than 4,700 bank branches in all 48 states.
• Investment-Grade Credit – JP Morgan Corporation has a credit rating of A+ from Standard & Poor’s and A1 from Moody’s.
• Visit Ranking – Subject property was ranked in the 74th percentile for monthly visits compared to Chase Banks in CA (Alpha Maps 3/2024).
• Strong Deposits – The 2023 deposits were $89. 8 million, supporting a 41% lift in deposits from $63.7 million in 2020.
• Unique Retail Center Location – This site is a pad to Stater Brothers anchored center and is less than 2 miles from California State University San Bernardino.
• Stater Brothers – Ranks 1st of 169 Stater Brothers locations in CA for highest recorded foot traffic in March 2024 per Alpha Maps. (Average monthly visits 84,220).
• Primary Retail Artery – Kendall Dr serves as a primary thoroughfare through San Bernardino connecting CSUSB to Greater San Bernardino.
• Great Access and Visibility – The subject property has access points on either side of the parcel and is easily accessed by traffic coming from either direction.
• Ample ±.43 Acre Lot and Flexible Zoning – The property is well positioned for reuse should has Chase Bank not renew in the future given the lot size and the limited CC&R use restrictions. This center allows for multiple new uses including Fast Food, Casual Dining, Medical Office, Financial Institutions, General Retail, and more.
• Demographics – The subject property is surrounded by a dense mix of both commercial corridors and residential neighborhoods.
• Population – 56,423 (2-mile) 264,827 (5-mile) 730,237 (10-mile). Households: 17,554 (2-mile) 74,525 (5-mile) 209,227 (10-mile)