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Chase Bank: Daytona Beach, FL 2643 Lpga Blvd 3,245 SF Retail Building Daytona Beach, FL 32124 $4,600,254 CAD ($1,417.64 CAD/SF) 4.40% Cap Rate
INVESTMENT HIGHLIGHTS
- Brand New NNN Ground Lease
- Strategic Location within Tymber Creek Village Mixed-Use Development
- Excellent Access and Visibility on LPGA Boulevard (39,500 VPD)
EXECUTIVE SUMMARY
CBRE is pleased to exclusively offered for sale the 15-year Chase Bank ground lease situated on 1.26 acres in Daytona Beach, FL (MSA Population: 718,006). The NNN ground lease commenced in July 2025 and features a 10% rent increase every 5 years throughout the term and in each of the four, 5-year renewal options.
PROPERTY FACTS Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,245 SF
Building Class
C
Year Built
2025
Price
$4,600,254 CAD
Price Per SF
$1,417.64 CAD
Cap Rate
4.40%
NOI
$202,408 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.26 AC
Zoning
C - Commercial
Parking
25 Spaces (7.7 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 5208-08-00-0060 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,080,510 CAD | Total Assessment | $1,080,510 CAD |
PROPERTY TAXES
Parcel Number
5208-08-00-0060
Land Assessment
$1,080,510 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,080,510 CAD
CONTACTS
-
Thomas Carr -
Christopher Bosworth -
Brian Pfohl -
Leah Lindell -
Katie Goldberg -
Mark Drazek -
CBRE
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Chase Bank: Daytona Beach, FL | 2643 Lpga Blvd
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