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4990 Town Ctr Pkwy Jacksonville, FL

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NNN ground lease with 17.5 years remaining on initial term.

Type:RETAIL
Property size:
3,614 SF
Lot size:
0.53 Acres
Price / SF:
$1,812/SF
Added:
Oct 7, 2024
Days on Market:
569
Last Refresh:
Apr 5 at 11:16 pm

Property Features for 4990 Town Ctr Pkwy

General Information

Standard status
Active
Size
3,614 SF
Lot size
0.53 Acres
Property subtype
RETAIL

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Listing Contact
Jordan Shtulman

Listing agent Jordan Shtulman

Listing office STREAM Capital Partners

Listing date Oct 7, 2024

Source Moodyscre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of STREAM Capital Partners


Overview

NNN Ground Lease JPM Chase

This property features an absolute NNN ground lease guaranteed by JPM Chase. The lease includes 2.50% annual rent increases and has 17.5 years remaining on the initial term. Situated in St. John’s Town Center, the location welcomes over 16 million visitors per year. It is positioned in immediate proximity to I-295, which sees 118,000 vehicles per day, and Turner Butler Boulevard, with 128,500 vehicles per day. The Chase Bank is located at the main intersection connecting the Costco-anchored center, the Strand at Town Center, and Simon Property Group’s St. John’s Center. The location is densely populated with over 169,671 people within five miles and an average household income of $95,395 within one mile. The property size is 3,614 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Chase Mortgage Loan Service Chase Bank Bank

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Jacksonville
County
Duval
State
Florida
Longitude
-81.5361
Latitude
30.2551

FAQs

What type of property is this?
Bank - NNN ground lease with 17.5 years remaining on initial term.
Where is this bank located?
The property is located at 4990 Town Ctr Pkwy Jacksonville, FL.
What is the asking price?
The asking price for this property is $6,550,964.
What are key features of this property?
This property features: Absolute NNN ground lease guaranteed by JPM Chase.; Enjoy 2.50% annual rent increases with 17.5 years remaining on the initial term.; Located in St. John’s Town Center, attracting over 16 million visitors annually.
(312) 899-6664 Call to check price and availability
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