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2200 US Highway 27
Clermont, FL 34714
Chase Bank Ground Lease · Retail Property For Sale


INVESTMENT HIGHLIGHTS
- New 15-year absolute NNN ground lease with 10% rental increases every five years.
- Chase Bank is one of the world’s leading financial institutions with nearly $1.3T in assets as of April 2025.
- No landlord management, ideal for a passive or out-of-area investor.
- Corporate lease to JP Morgan Chase (NYSE: “JPM”), rated “A” by S&P.
- JP Morgan Chase reported more than $158B of profit in 2024.
EXECUTIVE SUMMARY
Located along US-27, the property benefits from a highly strategic position adjacent to Publix, McDonald’s, Wawa, and several other national retailers, ensuring steady customer traffic and brand visibility. With more than 36,000 vehicles passing daily, this prime location maximizes Chase Bank’s exposure and investor appeal.
The 15-year absolute NNN ground lease, commencing January 1, 2026, transfers all expenses—including taxes, insurance, maintenance, roof, structure, and parking lot—to Chase Bank. The lease includes 10% rent increases every five years and four 10-year renewal options, extending the potential lease term to 55 years and offering investors long-term income security. A 30-day Right of First Refusal underscores Chase’s commitment to the site.
Backed by JPMorgan Chase’s $1.3 trillion in assets, the corporate guarantee provides exceptional tenant stability and minimizes investment risk. The lease runs through August 30, 2040, ensuring reliable cash flow from a highly creditworthy tenant. Within a five-mile radius, 59.6% of adults use direct deposit and 62.4% use ATMs—key indicators of Chase’s embedded presence in the local market.
The property serves a growing and affluent demographic base, with a five-mile population of 76,595 projected to reach 90,955 by 2030. Average household income is expected to rise from $119,679 to $134,201 during that period. Within one mile, the population has more than doubled since 2010 and is projected to grow by over 14% by 2030, driving continued demand for retail banking services.
Constructed in 2025, the 3,432 SF facility sits on a 0.78-acre parcel and reflects Chase Bank’s latest prototype, designed to enhance customer flow and integrate digital banking technology. The new construction minimizes maintenance costs and strengthens overall ROI.
The property is positioned within Clermont’s rapidly expanding retail corridor, surrounded by major traffic generators such as Orlando Health South Lake Hospital and Lake Pointe Academy K–8. Nearby residential developments and proximity to Orlando’s tourism corridor—including Disney World, which draws over 58 million visitors annually—further amplify growth potential. Clermont’s population growth rate of 3.84% annually outpaces both state and national averages, reinforcing the site’s long-term stability and investment appeal.
The 15-year absolute NNN ground lease, commencing January 1, 2026, transfers all expenses—including taxes, insurance, maintenance, roof, structure, and parking lot—to Chase Bank. The lease includes 10% rent increases every five years and four 10-year renewal options, extending the potential lease term to 55 years and offering investors long-term income security. A 30-day Right of First Refusal underscores Chase’s commitment to the site.
Backed by JPMorgan Chase’s $1.3 trillion in assets, the corporate guarantee provides exceptional tenant stability and minimizes investment risk. The lease runs through August 30, 2040, ensuring reliable cash flow from a highly creditworthy tenant. Within a five-mile radius, 59.6% of adults use direct deposit and 62.4% use ATMs—key indicators of Chase’s embedded presence in the local market.
The property serves a growing and affluent demographic base, with a five-mile population of 76,595 projected to reach 90,955 by 2030. Average household income is expected to rise from $119,679 to $134,201 during that period. Within one mile, the population has more than doubled since 2010 and is projected to grow by over 14% by 2030, driving continued demand for retail banking services.
Constructed in 2025, the 3,432 SF facility sits on a 0.78-acre parcel and reflects Chase Bank’s latest prototype, designed to enhance customer flow and integrate digital banking technology. The new construction minimizes maintenance costs and strengthens overall ROI.
The property is positioned within Clermont’s rapidly expanding retail corridor, surrounded by major traffic generators such as Orlando Health South Lake Hospital and Lake Pointe Academy K–8. Nearby residential developments and proximity to Orlando’s tourism corridor—including Disney World, which draws over 58 million visitors annually—further amplify growth potential. Clermont’s population growth rate of 3.84% annually outpaces both state and national averages, reinforcing the site’s long-term stability and investment appeal.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Building Size
3,432 SF
Building Class
C
Year Built
2025
Price
$3,342,000
Price Per SF
$973.78
Cap Rate
4.25%
NOI
$142,035
Percent Leased
100%
Building Height
1 Story
Building FAR
0.10
Lot Size
0.78 AC
Parking
35 Spaces (10.2 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 23-24-26-0003-000-01300 | Improvements Assessment | $0 |
| Land Assessment | $2,019,991 | Total Assessment | $2,019,991 |
PROPERTY TAXES
Parcel Number
23-24-26-0003-000-01300
Land Assessment
$2,019,991
Improvements Assessment
$0
Total Assessment
$2,019,991
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