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4660 Forest Hill Blvd
West Palm Beach, FL 33415
Chase Bank · Retail Property For Sale


Investment Highlights
- Absolute NNN lease designed to provide highly passive ownership
- West Palm Beach is an increasingly important financial-services and wealth-management hub
- Over $97 Million in Deposits
- Florida is a No Income Tax State
- Excellent access to I-95, Florida's Turnpike, major arterial roads, Palm Beach International Airport, and regional transportation networks
Executive Summary
Exclusive Realty is pleased to present an exceptional Absolute NNN Chase Bank investment opportunity in West Palm Beach, Florida, a premier South Florida market and the central city of Palm Beach County. West Palm Beach offers a compelling combination of population growth, affluent surrounding communities, tourism, financial services, healthcare, retail, and corporate investment. The city has approximately 127,700 residents, while the broader West Palm Beach–Boca Raton–Delray Beach metro division encompasses approximately 1.58 million residents and a median household income of approximately $84,800. The market has become an increasingly important financial-services and wealth-management hub, with more than 250 financial firms operating throughout the Palm Beaches and major institutions expanding their presence. JPMorganChase itself has announced continued investment in the region, including a new West Palm Beach office at 360 Rosemary and additional J.P. Morgan branches throughout Palm Beach County. The area offers an extensive range of amenities, including CityPlace, Tanger Outlets Palm Beach, Westward Shopping
Center, Worth Avenue and Palm Beach's luxury retail district, restaurants, hotels, hospitals, medical centers, universities, professional services, golf courses, parks, waterfront attractions, beaches, boating, fishing, and cultural venues. CityPlace Tanger Outlets West Palm Beach Westward Major healthcare resources include
Good Samaritan Medical Center and St. Mary's Medical Center, while recreational amenities such as Okeeheelee Park and Grassy Waters Preserve provide extensive outdoor opportunities. Good Samaritan Medical Center St Mary's Medical Center: Koppada Ravishankar MD Okeeheelee Park Grassy Waters Preserve.
Center, Worth Avenue and Palm Beach's luxury retail district, restaurants, hotels, hospitals, medical centers, universities, professional services, golf courses, parks, waterfront attractions, beaches, boating, fishing, and cultural venues. CityPlace Tanger Outlets West Palm Beach Westward Major healthcare resources include
Good Samaritan Medical Center and St. Mary's Medical Center, while recreational amenities such as Okeeheelee Park and Grassy Waters Preserve provide extensive outdoor opportunities. Good Samaritan Medical Center St Mary's Medical Center: Koppada Ravishankar MD Okeeheelee Park Grassy Waters Preserve.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,846 SF
Building Class
B
Year Built
1972
Price
$2,941,288
Price Per SF
$606.95
Cap Rate
5.20%
NOI
$152,947
Tenancy
Single
Building Height
1 Story
Building FAR
0.97
Lot Size
0.11 AC
Opportunity Zone
Yes
Zoning
CG - General Commercial Zoning
Parking
60 Spaces (12.38 Spaces per 1,000 SF Leased)
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
Property Taxes
| Parcel Number | 00-42-44-12-21-000-0016 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,685,660 |
Property Taxes
Parcel Number
00-42-44-12-21-000-0016
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,685,660
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