Price $2,585,000 | Built/Renov 2013 | Tenant Chase Bank (GL) |
Cap Rate 4.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
Size/SF
3,879
| Lease Start
03-15-2022
| #Units
4,700
|
Price/SF $666.41 | Expiration
03-15-2033
| Tenant Type Bank/Financial |
NOI $103,400 | R. Term 9.3 | Ownership Ground Lease |
Rent/SF
$26.66
| Increases 10.0%/5/yrs | Pop 5Mi 100,000 |
Lot/AC 0.67 | Options 4/5yrs/10% | AHHI 5Mi $80,000 |
| |
The site is on a busy 39,000 VPD hard corner signalized intersection of a main retail corridor of the city. Across the street are CVS and Walgreens. The Chase Bank location has high $110 million in deposits. Sun City Center is a dynamic South Central Florida area that of- fers its residents the finest of amenities, making it one of the most desirable communities in the country. It...
...Signalized intersection
Hard corner intersection
Dense retail corridor
Strategically located
Top 100 MSA
Affluent suburb location
Income tax free state
Long 10+ yr lease
Over 2000 units backed
Investment grade tenant
Chase Bank, is a subsidiary of JP Morgan Chase & Co., a diversified financial services company with roots dating back to 1799. Today, Chase Bank operates more than 4,800 branches in 48 states and...
1 Miles | 3 Miles | 5 Miles | |
2027 Total Population : | 6,915 | 47,893 | 105,446 |
2022 Total Population : | 6,912 | 45,793 | 100,511 |
2022 Employed Civilian Pop : | 1,194 | 14,524 | 41,058 |
2022 Total Businesses : | 257 | 783 | 1,638 |
2022 Average Household Income : | $ 68,902 | $ 85,239 | $ 95,202 |
2022 Total Consumer Spending : | $ 255 M | $ 1513 M | $ 3156 M |
2022 Median Age : | 77 | 61 | 42 |
2022 Total Households : | 4,272 | 20,468 | 38,405 |
2022 Pop Age 25+: Bachelor's Degree : | 1,275 | 7,129 | 13,927 |
2022 Average Home Value : | $ 227,753 | $ 278,865 | $ 300,228 |
Collection Street | Cross Street | Year | Traffic Vol | Distance |
N Pebble Beach Blvd | Rickenbacker Dr | 2016 | 10,100 | 0.04 mi |
Sun City Center Blvd | Trinity Lakes Dr | 2012 | 34,000 | 0.28 mi |
Sun City Center Boulevard | Huxley Pl | 2020 | 33,000 | 0.54 mi |
Sun City Center Blvd | del Webb Blvd E | 2016 | 28,500 | 0.95 mi |
N US Hwy 301 | Sun City Center Blvd | 2013 | 3,400 | 1.04 mi |
N US Hwy 301 | Sun City Center Blvd | 2016 | 14,600 | 1.06 mi |
Sun City Center Boulevard | Sun City Center | 2020 | 40,000 | 1.11 mi |
Sun City Center Blvd | Cortaro Dr | 2016 | 37,000 | 1.22 mi |
North Pebble Beach Boulevard | Chickory Ln | 2020 | 4,600 | 1.22 mi |
N US Hwy 301 | Valencia Grande Ave | 2013 | 9,700 | 1.33 mi |
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]