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2317 Fox Run Boulevard — Waukesha, WI

Chase Bank Branch

Purchased in conjunction with the acquisition of the Fox Run retail development, this branch has been in operation on the site since 1982. Somerstone successfully extended the term of the ground lease and brokered its sale to a local exchange buyer. Located on the hard corner of St. Paul Avenue and Sunset Drive, this exceptionally well-located asset is the last remaining Chase Bank branch in the city of Waukesha.

Property type

Single-tenant NNN ground lease

Building size

2,100 SF

Strategy

Extend lease term and sell

Tenants

JPMorgan Chase

Acquired

November 2019

Sold

July 2024

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