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JPMorgan Chase Bank Ground Lease
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604 County Road 210 West, Saint Johns, FL 32259

New NNN ground lease with a strong tenant.

Property Size3,432 SF
Price / SF$994.10
Days on Market114

Property Features for 604 County Road 210 West

General Information

Standard status Active
Size 3,432 SF
Total Parking Spaces 21
Property subtype Retail
Zoning PUD
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $145,000

Building Details

Year Built 2026
Units 1
Tenancy Single
Listing Agency: The Dowd Companies
Listed By: Theresa Johnson · License #BK3261325
Source: Crexi
Added: May 12 Changed: Sep 1 Last Checked: Sep 1 at 12:55AM

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 The Dowd Companies

Investment Insights

Based on property information with market context.

This property features a brand-new absolute NNN ground lease to JPMorgan Chase Bank, located at 604 County Road 210 West in St. Johns, Florida. The primary term is 15 years, with six 5-year options, potentially extending up to 45 years. Rent increases are structured at 10% every five years, escalating the base rent. The property is located within Beachwalk East Shopping Center on the CR-210 corridor, which experiences 27,500 vehicles per day, and offers immediate access to I-95 and US-1. The shopping center includes a new BJ’s Wholesale Club and Lowe’s Home Improvement Center, all within the Twin Creeks/Beachwalk MPC. The broader Beachwalk retail commercial area includes a Publix-anchored shopping center and hospitality options with Compass by Margaritaville, all centered around a 14-acre Crystal Lagoon. St. Johns County is Florida’s fastest-growing county and has the state’s #1 public school district. The surrounding area includes over 18,000 rooftops across Nocatee, Beachwalk, and Beacon Lake. The property is suitable for passive, 1031 exchange, or institutional capital. Tenant improvements revert at expiration.

Key Highlights

  • Absolute NNN ground lease with zero landlord responsibility, ideal for passive income or 1031 exchange.
  • Tenant is JPMorgan Chase Bank, N.A., the largest U.S. bank by assets.
  • Located in St. Johns County, Florida's fastest‑growing county, with the state's #1 public school district.

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Auto Repair Shop Garden Center Grocery & Convenience Store Kitchen & Bath Showroom Cafe & Coffee Shop Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

86
Businesses Nearby
61k
Monthly Visits Nearby

Foot Traffic Nearby

Groceries 44% Dining 28% Home Improvements & Furnishings 28%
Publix Groceries
27,156 visits/mo 0.5 miles
Lowe's Home Improvements & Furnishings
16,879 visits/mo 0.2 miles
Starbucks Dining
9,136 visits/mo 0.5 miles
Wendy's Dining
5,936 visits/mo 0.4 miles
Playa Bowls Dining
2,200 visits/mo 0.4 miles

Demographics for 32259, FL

62,169
Population
23,235
Households
2.7
Avg Household Size
38
Median Age
54%
College-Educated
98%
High-School Grad
56.5 sq mi
ZIP Area
1,100
Density / Sq Mi
$144,168
Median Household Income
$65,584
Median Earnings
$2,268
Median Rent
$480,800
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Bank - New NNN ground lease with a strong tenant.
Where is this bank located?
The property is located at 604 County Road 210 West Saint Johns, FL.
What is the asking price?
The asking price for this property is $3,411,765.
What are key features of this property?
This property features: Absolute NNN ground lease with zero landlord responsibility, ideal for passive income or 1031 exchange.; Tenant is JPMorgan Chase Bank, N.A., the largest U.S. bank by assets.; Located in St. Johns County, Florida's fastest‑growing county, with the state's #1 public school district.
(770) 329-9330 Call to check price and availability
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