Chase Bank - Coral Gables, FL
Retail | 3.89% CAP | 3,000 SqFt
Investment highlights
■ Absolute NNN Ground Lease | Zero Landlord Responsibilities
■ Long-Term Lease | 14+ Years of Initial Term Remaining
■ Newer Construction (2019) | Modern Chase Prototype Design
■ Strong Deposits Exceeding $125 Million | More Than Doubled in the past 3 Years ($58M In 2022)
■ Corporate Guarantee | JPMorgan Chase & Co. (S&P: AA-)
■ Prime Miami Location | SW 57th Avenue (Red Road) – Major North-South Thoroughfare
■ Dense Urban Market | City Population 442,241 | MSA 6.46M+
■ Proximity to Numerous Apartment Communities | Alameda West, Ludlam Plaza, LaVida, 850 Living, Sofia Coral Gables, Gables Grand Plaza
■ Near Major Educational Institutions | Miami Dade College (120,000 Students), Florida Medical College, Miami Regional University, South Florida College of Nursing
■ Close to Prominent Retail Destinations | Miracle Mile, Midway Crossings, Miami Merchandise Mart, Centro City Plaza, Shops at Merrick Park
■ Located Within Established Miami-Dade Retail Corridor | Near Coral Gables
■ JPMorgan Chase Bank, N.A. | Largest Bank in the United States | 5,000+ Branches & 15,000+ ATMs
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