4990 Town Ctr Pkwy, Jacksonville, FL

Listing agent Jordan Shtulman

Listing office STREAM Capital Partners Show Phone

Listing date Oct 7, 2024

Source Moodyscre

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Overview

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.

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

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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.