30500 US Highway 19 N - Bank FOR SALE


Palm Harbor, FL 34684
$3,157,895 USD
727-641-5736
30500 US Highway 19 N, Palm Harbor, FL for Sale
$3,157,895 USD
Bank - FOR SALE
1/4
null | 4.75% Cap Rate

30500 US Highway 19 N
Palm Harbor, FL 34684


HIGHLIGHTS

  • Absolute NNN ground lease with zero landlord obligations.
  • Investment secured by JPMorgan Chase Bank, N.A., an Aa2-rated credit tenant.
  • Prime hard corner location at US Highway 19 and Curlew Road with over 104,000 VPD.
  • Contractual 10% rent increases at each renewal option through 2051.
  • Located in an affluent, high-demand trade area with strong retail co-tenancy.
  • Freestanding building with full site control on ±1.40-acre parcel.

OVERVIEW

An exceptional ground lease investment opportunity featuring a freestanding Chase Bank branch at30500 US Highway19 in Palm Harbor, Florida. The asset is leased to JPMorgan Chase Bank, N.A., one of the nation’s highest-rated financial institutions, on an absolute NNN ground lease structure that requires zero landlord responsibilities. All property expenses, including taxes, insurance, maintenance, and structural components, are fully covered by the tenant, making this a truly passive investment. The property is positioned on a signalized hard corner at US Highway19 and Curlew Road, one of the busiest intersections in Pinellas County, with a combined traffic count exceeding104,000 vehicles per day. The durable location within an affluent trade area is supported by strong daily traffic, national retailers, and long-standing consumer demand. The lease includes scheduled10% rent increases at each renewal option, ensuring steady income growth through 2051.

FOR SALE DETAILS

PRICE

$3,157,895 USD

PRICE/SF

$744 USD /SF

CAP RATE

4.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

Chase Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2012

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.4 AC

LAND SF

60,984 SF

ZONING

-

APN/PARCEL ID

18-28-16-00000-240-0900

ASK ABOUT THIS PROPERTY

Dee Maret CCIMBridgewater Commercial Real EstateMore Info
727-641-5736

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Dee Maret CCIMBridgewater Commercial Real EstateMore Info
727-641-5736

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.