Chase Bank NNN
For Sale
Contact for pricing
4642 W Florida Avenue, Hemet, CA 92545
Freestanding banking facility with a drive-through ATM lane and prominent monument signage.
Property SizeContact for details
Days on Market140
Property Features for 4642 W Florida Avenue
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Traffic Count
29,800 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
drive-thru ATM lane
monument sign
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SRS Real Estate Partners Newport Beach
Listed By:
Pat Kent · License #CA 01015083
Source:
Crexi
Added: Apr 15
Changed: Aug 31
Last Checked: Aug 30 at 7:49PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
The property offers the leased-fee interest in a freestanding Chase Bank facility on a pad within a grocery-anchored shopping center. Site improvements are being developed by the tenant and include a drive-through ATM lane, a prominent monument sign, and Chase’s newest prototype design with high-quality construction materials.
JPMorgan Chase Bank, N.A. has executed a 20-year absolute NNN ground lease with corporate guaranty. The lease includes 2 (5-year) and 1 (4-year and 11-month) extension options, along with 10% base rent increases every 5 years during the initial term and option periods. The property fronts West Florida Avenue, also identified as State Highway 79, and benefits from its position along the shopping center’s access road. Nearby national and credit tenants include Lowe’s, The Home Depot, Target, Sprouts, Marshalls, Hobby Lobby, and WinCo Foods.
JPMorgan Chase Bank, N.A. has executed a 20-year absolute NNN ground lease with corporate guaranty. The lease includes 2 (5-year) and 1 (4-year and 11-month) extension options, along with 10% base rent increases every 5 years during the initial term and option periods. The property fronts West Florida Avenue, also identified as State Highway 79, and benefits from its position along the shopping center’s access road. Nearby national and credit tenants include Lowe’s, The Home Depot, Target, Sprouts, Marshalls, Hobby Lobby, and WinCo Foods.
Key Highlights
- Leased‑fee interest subject to a 20‑year absolute NNN ground lease
- Lease includes 2 (5‑year) and 1 (4‑year and 11‑month) option periods
- 10% base rent increases every 5 years during the initial and option terms
Property Analytics
Property Profile
Current Use
Lease Details
29,800 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
277
Businesses Nearby
Explore this area
Business Placement
Demographics for 92545, CA
44,072
Population
17,533
Households
2.5
Avg Household Size
45
Median Age
17%
College-Educated
84%
High-School Grad
29.7 sq mi
ZIP Area
1,484
Density / Sq Mi
$59,575
Median Household Income
$41,732
Median Earnings
$1,778
Median Rent
$334,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
NNN property - Freestanding banking facility with a drive-through ATM lane and prominent monument signage.
Where is this nnn property located?
The property is located at 4642 W Florida Avenue Hemet, CA.
What are key features of this property?
This property features: Leased‑fee interest subject to a 20‑year absolute NNN ground lease; Lease includes 2 (5‑year) and 1 (4‑year and 11‑month) option periods; 10% base rent increases every 5 years during the initial and option terms
