Chase Bank Ground Lease
Single-Tenant Offerings
Chase Bank Ground Lease
2035 Cheney Hwy.
Titusville (Orlando MSA), FL
- Price:
- $2,581,000
- Cap Rate:
- 4.65%
- NOI:
- $120,000
- Rentable SQFT:
- 3,333 SF
- Year Built:
- 2025
- Lot Size:
- 0.99 +/- Acres
- Lease Type:
- Absolute NNN Ground Lease
- Status:
- Available
Investment 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
- Serving Over 54,000 Residents in Growing Orlando Suburb, Built-In Consumer Base
- Minutes to Tranquility Shores, New Luxury Housing Development with 2,000 Homes
- Located Along Florida’s Space Coast with 3+ Million Visitors Annually
- Average Household Incomes Exceed $99,000 in 1 Mile and $93,000 in 3 Miles
- Directly Across from High-Volume Publix Anchored Center
- Regional Retail Hub, Down the Street from Walmart Supercenter, Target, Home Depot, Lowe’s, Marshalls, Petco, and Many More
- Excellent Visibility Along Major Commercial Artery, Direct Access to Downtown Orlando
- Centrally Located Between I-95 and US-1, Two Major North/South Highways on the East Coast
- Strong Daytime Population, More Than 21,000 Employees in Primary Trade Area
- Close Proximity to NASA’s Kennedy Space Center with 1.5 Million Visitors/Year and 19,600+ Employees
- West of Port Canaveral with 7.6 Million Cruise Passengers in 2024
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