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702 Pebble Beach 4,058 SF Retail Building Sun City Center, FL 33573 $3,836,000 CAD ($945.29 CAD/SF) 4.06% Cap Rate
Investment Highlights
- Absolute NNN ground lease to JPMorgan Chase Bank, N.A., with zero landlord responsibilities and truly passive income.
- Long remaining primary term (through April 30, 2033) plus four 5-year renewal options, for up to 40 years of potential tenancy
- Strong banking credit and established Sun City Center, FL location within the Tampa Bay MSA
- Positioned to trade, targeting premium 1031 and passive net-lease buyers
Executive Summary
Property Facts
Amenities
- Drive Thru
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Finance and Insurance
- -
- -
- -
Chase Bank serves as the consumer and commercial banking division of JPMorgan Chase. The institution originated in 1799 when Aaron Burr established The Manhattan Company in New York City. Over two centuries, it evolved through mergers with entities like Chase National Bank (1955) and J.P. Morgan (2000). Today, the bank provides extensive financial services including personal banking, credit cards, mortgages, auto loans, and investment products. Business offerings encompass commercial banking, lending, and payment processing solutions. While maintaining a significant physical branch network, Chase also emphasizes digital platforms for modern customer needs.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Finance and Insurance | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | U-12-32-19-ZZZ-000001-78380.0 | Improvements Assessment | $1,877,585 CAD |
| Land Assessment | $137 CAD | Total Assessment | $1,877,722 CAD |
Property Taxes
Presented by
702 Pebble Beach
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