HIGHLIGHTS
- AA- (S&P) credit rating; backed by JP Morgan Chase, one of the world's largest financial institutions.
- Absolute NNN lease with zero landlord responsibilities including roof, structure, and all operating expenses.
- Upcoming 10% rental increase on October 1, 2027, with 10% increases every five years.
- Leased at $34.79/SF — well below neighboring Chipotle at ~$64.00/SF, offering meaningful rental upside.
- Outparcel to Walmart Supercenter and adjacent to Publix — rare dual grocery-anchored retail environment.
- High barrier-to-entry Pinellas County market with limited land and restrictive zoning for new bank development.
FOR SALE DETAILS
PRICE
$2,898,247 USD
PRICE/SF
$576 USD /SF
CAP RATE
5.25%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Chase Bank
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2012
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
0.75 AC
LAND SF
32,465 SF
ZONING
4450
APN/PARCEL ID
07-30-15-50142-000-0010
ASK ABOUT THIS PROPERTY
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656-400-2247
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656-400-2247
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