JPMorgan Chase Bank, N.A. NNN Property For Sale — Ocala, FL · 4,279 SF
Ocala, FL 34474
Absolute NNN fee simple ground lease with JPMorgan Chase Bank, N.A. (S&P: A+). The lease features approximately 14.5 years remaining on an initial 20-year term with fixed 10% rental increases every 5 years and zero landlord management obligations. The property is strategically located at a signalized intersection along SW College Road (45,500+ AADT), serving as an outparcel to an 87,000 SF retail center directly adjacent to the 490,000 SF Paddock Mall in Ocala's primary retail corridor. Although the branch building has not yet been constructed, the tenant remains fully obligated to the entire lease term.
- Address: Ocala, FL 34474
- Asking price $3.44M
- 5.15% cap rate
- NOI $177,100
- 5.5 years remaining
- NNN lease
- Building size: 4,279 SF
- Lot size: 0.90 acres
- Lease expiration: May 11, 2032
- Rent increases: 10% every 5 years
- Guarantor: Corporate
Location
This JPMorgan Chase Bank, N.A. property is in Ocala, Florida.
Asset type: Bank / Retail Ground Lease