NNN Ground Lease JPM
4990 Town Ctr Pkwy Jacksonville, FL
For Sale
Contact for pricing
NNN ground lease with 17.5 years remaining on initial term.
Property Size3,614 SF
Lot Size0.53 Acres
Price / SF$1,812
Days on Market661
Property Features for 4990 Town Ctr Pkwy
General Information
Standard status
Active
Size
3,614 SF
Lot size
0.53 Acres
Property subtype
RETAIL
Listing Agency:
STREAM Capital Partners
(847) 226-4133
Listed By:
Jordan Shtulman · License #475152062
Source:
Moodyscre
Added: Oct 7, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:46AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
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.
