Marcus & Millichap is pleased to exclusively present for sale this absolute netleased Chase Bank located at 2000 SW 57th Avenue in Miami, Florida, less than two miles from Coral Gables and approximately seven miles from Downtown Miami. The property features a 3,000-square-foot freestanding bank building situated on a 0.40-acre parcel with frontage along SW 57th Avenue (Red Road), a major north-south thoroughfare. Built in 2019, the property showcases Chase’s modern prototype design and includes ample dedicated parking. The property is positioned at along SW 57th Avenue (Red Road) and within close proximity to Coral Way, a major east-west arterial roadway. The site benefits from excellent visibility, strong vehicular traffic, and immediate access to surrounding residential neighborhoods. Numerous apartment communities surround the property, including Alameda West, Ludlam Plaza Apartments, LaVida Apartments, 850 Living, Sofia Coral Gables Apartments, and Gables Grand Plaza Apartments. Nearby colleges and universities include South Florida College of Nursing (935 students), SABER College, Miami Dade College (approximately 120,000 students across eight campuses), Florida Medical College (1,700 students), and Miami Regional University (955 students). Prominent retail destinations in the immediate area include Coral Gables, Miami Merchandise Mall, Centro City Plaza, Miracle Mile, Midway Crossings, Miracle Marketplace, and The Shops at Merrick Park. Chase occupies the property under a 20-year absolute NNN lease that commenced on September 1, 2019 and expires on August 31, 2039, leaving approximately 14 years remaining on the base term. The lease features 10 percent rental increases every five years and includes four five-year renewal options. The lease is corporately guaranteed with zero landlord responsibilities. The tenant, JPMorgan Chase Bank, N.A., is one of the largest financial institutions in the United States and a subsidiary of JPMorgan Chase & Co., a publicly traded company (NYSE: JPM). JPMorgan Chase & Co. is a global financial services firm with operations worldwide and significant assets under management.