Freestanding Bank
New
For Sale
Contact for pricing
4899 W ATLANTIC AVE, Delray Beach, FL 33445
Absolute NNN lease structure limits landlord obligations and includes extension options.
Property SizeContact for details
Days on Market7
Property Features for 4899 W ATLANTIC AVE
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
CBRE - Fort Lauderdale
Listed By:
Benjamin Silver · License #FL: SL3197924
Source:
Crexi
Added: Sep 4
Changed: Sep 9
Last Checked: Sep 10 at 6:14AM
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 CBRE - Fort Lauderdale
Investment Insights
Based on property information with market context.
This freestanding bank branch is occupied by JPMorgan Chase Bank under an absolute NNN lease structure. The tenant has operated at the property since 2005 and is currently in its second renewal term, with four years remaining on the lease. The structure places landlord responsibilities at zero and includes two additional five-year renewal options, extending the lease through 2040. Each option period provides a 10% rent escalation.
The property is located at 4899 W Atlantic Ave. in Delray Beach, Florida. JPMorgan Chase Bank carries S&P and Moody’s credit ratings of A+ and Aa2, respectively. The branch’s established operating history and remaining contractual term provide defined occupancy continuity, while the renewal options extend the lease horizon beyond the current term.
The property is located at 4899 W Atlantic Ave. in Delray Beach, Florida. JPMorgan Chase Bank carries S&P and Moody’s credit ratings of A+ and Aa2, respectively. The branch’s established operating history and remaining contractual term provide defined occupancy continuity, while the renewal options extend the lease horizon beyond the current term.
Key Highlights
- Freestanding JPMorgan Chase Bank branch at 4899 W Atlantic Ave., Delray Beach, Florida
- Absolute NNN lease with zero landlord responsibilities
- JPMorgan Chase Bank has operated at the location since 2005
Property Analytics
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,328
Businesses Nearby
413k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 34%
Dining 33%
Groceries 18%
Apparel 7%
Publix
Groceries
53,600 visits/mo
0.2 miles
Chick-fil-A
Dining
32,664 visits/mo
0.2 miles
Hobby Lobby
Shops & Services
23,718 visits/mo
0.2 miles
Ross Dress for Less
Apparel
22,753 visits/mo
0.1 miles
Ollie's Bargain Outlet
Shops & Services
19,576 visits/mo
0.1 miles
Demographics for 33445, FL
32,265
Population
17,584
Households
1.8
Avg Household Size
51
Median Age
39%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
3,983
Density / Sq Mi
$70,748
Median Household Income
$41,169
Median Earnings
$1,991
Median Rent
$282,500
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Bank - Absolute NNN lease structure limits landlord obligations and includes extension options.
Where is this bank located?
The property is located at 4899 W ATLANTIC AVE Delray Beach, FL.
What is the asking price?
The asking price for this property is $6,000,000.
What are key features of this property?
This property features: Freestanding JPMorgan Chase Bank branch at 4899 W Atlantic Ave., Delray Beach, Florida; Absolute NNN lease with zero landlord responsibilities; JPMorgan Chase Bank has operated at the location since 2005
