Price $4,286,000 | Built/Renov 2023 | Tenant Chase Bank (GL) |
Cap Rate 3.50% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
3,470
| Lease Start
12-01-2023
| #Units
4,784
|
Price/SF $1,235.16 | Expiration
11-30-2043
| Tenant Type Bank/Financial |
NOI $150,000 | R. Term 19.11 | Ownership Ground Lease |
Rent/SF
$43.23
| Increases 10.0%/5/yrs | Pop 5Mi 208,832 |
Lot/AC 1.57 | Options 3/5yrs/10% | AHHI 5Mi $138,572 |
| |
Chase Bank is situated along Clinton Keith Road, benefiting from clear visibility and access to 13,000 vehicles passing by daily. The property's advantageous location includes direct on/off ramp access to Interstate 215 (110,000 VPD), a major thoroughfare connecting the Los Angeles MSA, making it a centralized spot with convenient commutes for both employees and customers. Furthermore, the...
...New construction
Signalized intersection
Freeway close
Dense 200M+ pop 5 mi
Affluent AHHI $100K 5 Mi
Brand new lease
Long 20+ yr lease
Absolute NNN
Traded and rated company
Investment grade tenant
JPMorgan Chase Bank, N.A., doing business as Chase, is an American national bank. Founded in 1877, The bank was known as Chase Manhattan Bank until it merged with J.P. Morgan & Co. in 2000. Chase...
1 Miles | 3 Miles | 5 Miles | |
2028 Total Population : | 9,516 | 80,065 | 215,739 |
2023 Total Population : | 9,242 | 79,307 | 209,069 |
2023 Employed Civilian Pop : | 4,852 | 35,143 | 95,962 |
2023 Total Businesses : | 232 | 1,968 | 6,359 |
2023 Average Household Income : | $ 158,916 | $ 132,374 | $ 138,762 |
2023 Total Consumer Spending : | $ 380 M | $ 2844 M | $ 7577 M |
2023 Median Age : | 33 | 36 | 34 |
2023 Total Households : | 2,842 | 25,276 | 64,259 |
2023 Pop Age 25+: Bachelor's Degree : | 1,594 | 11,461 | 31,770 |
2023 Average Home Value : | $ 645,373 | $ 578,234 | $ 595,517 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
Clinton Keith Road | Creighton Ave | 2019 | 28,700 | 0.03 mi |
Clinton Keith Rd | Whitewood Rd | 2008 | 13,000 | 0.06 mi |
Antelope Rd | Clinton Keith Rd | 2008 | 2,300 | 0.10 mi |
Whitewood Rd | Clinton Keith Rd | 2008 | 3,848 | 0.11 mi |
2005 | 2,300 | 0.17 mi | ||
Clinton Keith Road | 2021 | 107,500 | 0.21 mi | |
215 | 2018 | 106,600 | 0.29 mi | |
Clinton Keith Rd | McElwain Rd | 2019 | 37,500 | 0.39 mi |
McElwain Road | Delaney Cir | 2019 | 15,000 | 0.44 mi |
Meadowlark Ln | Lindstrand Ave | 2008 | 2,196 | 0.46 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]