Chase

For Sale

1609 E 30th Ave, Hutchinson, KS 67502

Brand-new 15-year corporate ground lease at an extremely low rent for a new construction Chase building. The lease features 10% rental increases every 5 years throughout the base term and six, 5-year extension options at matching increases. The entity on the lease is JPMorgan Chase Bank N.A., which features an investment-grade credit rating of AA- from S&P and generated over $182 billion in total revenue in FY 2025.

Key features

  • Best-In-Class Tenant: Lease signed by JPMorgan Chase Bank, N.A. (see below)
  • Brand Recognition: Named in the Top 10 Most Admired Companies for 9 consecutive years by Fortune Magazine
  • Brand-New Building: 2026 construction with drive-thru
  • Chase Expansion Validates Market Viability: Chase’s new construction branch represents a significant investment by one of the nation’s largest financial institutions and demonstrates confidence in Hutchinson’s long-term commercial viability
  • Established Economic Base: The trade area benefits from a diversified employment base led by healthcare, education, manufacturing, government and food production, including Hutchinson Regional Healthcare System, Hutchinson Community College, and Tyson Prepared Foods
  • Global Financial Leader: $4.4 trillion in assets under management (as of December 31, 2025)
  • Ideal Location: Directly across from #1 ranked Dillons location nationwide (per Placer.ai)
  • Investment-Grade Credit: Chase features an investment-grade credit rating of AA- from S&P
  • Regional Retail & Service Hub: Hutchinson serves a regional population of approximately 85,000, drawing consumers from throughout South-Central Kansas for shopping, dining, healthcare and entertainment
  • Seamless Access: Direct ingress/egress from E 30th Avenue 15,000 VPD
  • Staggering Revenues: $182.4 billion in FY 2025
  • Strong Lease Fundamentals: 15-year corporate ground lease featuring 10% rental increases every 5 years

Building Details

  • For Sale $1,596,000
  • Property Type Retail - Street Retail
  • Property Size 3,322 SF
  • Units 1
  • Lot Size 0.88 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Building Class C
  • Year Built 2026
  • Date Updated Sep 23, 2026
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Contacts

John Andreini

CP Partners

Location

  • City Hutchinson, KS
  • Zip Code 67502
  • Market Wichita
  • Walk score 42/100 Car-Dependent
  • Bike score 45/100 Somewhat Bikeable
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Points of Interest

Kansas State Fair Train Depot

1.85 miles

Hutchinson

2.82 miles

Cenex

0.10 miles

Kwik Shop

0.11 miles

Murphy USA

1.07 miles

Yesway

1.74 miles

ChargePoint

3.35 miles

Dillons Marketplace

0.22 miles

ALDI

0.84 miles

Kohl's

1.02 miles

Walmart Supercenter

1.12 miles

Hutchinson Mall

1.23 miles

Dillons

2.28 miles

Listing Summary

  • Property Financials

    1609 E 30th Ave is currently listed for sale at $1,596,000 for a price per square foot of $480.43.

  • Property Details

    1609 E 30th Ave totals 3,322 square feet of Retail space on a lot spanning 0.88 acres. The property was initially built in 2026. Based on its location, amenities, and finishes, the property is listed as class C.

    Tenancy at 1609 E 30th Ave is listed as Single Tenant, comprising a total of 1 units.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 42, indicating that it is car-dependent.

Contact John Andreini
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