702 Pebble Beach - Bank FOR SALE


Sun City Center, FL 33573
$2,800,000 USD
941-350-0235
702 Pebble Beach, Sun City Center, FL for Sale
$2,800,000 USD
Bank - FOR SALE
1/11
null | 4.06% Cap Rate

702 Pebble Beach
Sun City Center, FL 33573


HIGHLIGHTS

  • Absolute NNN ground lease to JPMorgan Chase Bank, N.A., with zero landlord responsibilities and truly passive income.
  • Strong banking credit and established Sun City Center, FL location within the Tampa Bay MSA
  • Long remaining primary term (through April 30, 2033) plus four 5-year renewal options, for up to 40 years of potential tenancy
  • Positioned to trade, targeting premium 1031 and passive net-lease buyers

OVERVIEW

Introducing an exceptional opportunity for retail and street retail investors in the thriving Sun City area of FL. This 4,058 SF building, completed in 2013, is currently 100% occupied under an Absolute NNN ground lease to JPMorgan Chase Bank, N.A., offering a truly passive income stream with zero landlord responsibilities. Boasting a prime location within the Tampa Bay MSA and the assurance of strong banking credit, this property presents a compelling investment proposition. With a long remaining primary term extending through April 30, 2033, and the potential for up to forty years of tenancy through four 5-year renewal options, this property is perfectly positioned to attract premium 1031 and passive net-lease buyers seeking a secure and lucrative investment opportunity.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$690 USD /SF

CAP RATE

4.06%

% 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

2013

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

CG

APN/PARCEL ID

U-12-32-19-ZZZ-000001-78380.0

ASK ABOUT THIS PROPERTY

J. Chris MalkinSVN Commercial PartnersMore Info
941-350-0235

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

J. Chris MalkinSVN Commercial PartnersMore Info
941-350-0235

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