Bank
Chase Bank Ground Lease | New 15-Yr. NNN
2035 Cheney Hwy, Titusville (Orlando MSA), FL 32780
Listing Price: $2,581,000
Cap Rate
4.65%
Tenant Name
Chase Bank
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
3,333
Lease Type
NNN Ground Lease
Rent Per Square Feet
$36.00
Investment Overview
Marcus & Millichap is pleased to present the Chase Bank Ground Lease in Titusville, FL.
Chase Bank Ground Lease | New 15-Yr. NNN
Investment Highlights
- New 15-Year Absolute NNN Corporate Ground Lease with 10% Increases Every 5 Years
- Investment Grade Tenant (NYSE: JPM; S&P: AA-), 5,300+ Branches in 48 States
- Leading Financial Services Firm Based in the U.S. with $4.6 Trillion in Assets
- Chase Has Opened More Branches Than All Large Bank Peers Combined Over the Last 7 Years
- Significant Capital Investment by Tenant to Build New Bank Branch
- Strategic Location, $12.27 Billion in Deposits in 6-County Central Florida Region in 2024
- Serving Over 54,000 Residents in Growing Orlando Suburb, Built-In Consumer Base
- Minutes to Tranquility Shores, New Luxury Housing Development with 2,000 Homes
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director / Chief Revenue Officer
Listing Price: $2,581,000
Cap Rate
4.65%
Tenant Name
Chase Bank
Years Remaining On Lease
15.2
Guarantor
Corporate Guarantee
Rentable SF
3,333
Lease Type
NNN Ground Lease
Rent Per Square Feet
$36.00
Investment Highlights
- New 15-Year Absolute NNN Corporate Ground Lease with 10% Increases Every 5 Years
- Investment Grade Tenant (NYSE: JPM; S&P: AA-), 5,300+ Branches in 48 States
- Leading Financial Services Firm Based in the U.S. with $4.6 Trillion in Assets
- Chase Has Opened More Branches Than All Large Bank Peers Combined Over the Last 7 Years
- Significant Capital Investment by Tenant to Build New Bank Branch
- Strategic Location, $12.27 Billion in Deposits in 6-County Central Florida Region in 2024
- Serving Over 54,000 Residents in Growing Orlando Suburb, Built-In Consumer Base
- Minutes to Tranquility Shores, New Luxury Housing Development with 2,000 Homes
Investment Overview
Marcus & Millichap is pleased to present the Chase Bank Ground Lease in Titusville, FL.
Exclusively Listed By
Broker of Record
-
Ryan Nee
Executive Managing Director / Chief Revenue Officer
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