2035 Cheney Hwy - Bank FOR SALE
Titusville, FL 32780 |
$2,581,000 USD
858-373-3174
2035 Cheney Hwy
Titusville, FL 32780
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
FOR SALE DETAILS
PRICE
$2,581,000 USD
PRICE/SF
$774 USD /SF
CAP RATE
4.65%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Chase Bank Ground Lease
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
ADD'L SUBTYPES
Freestanding, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
22-35-28-00-00250.0-0000.00
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858-373-3174
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858-373-3174
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