Chase Bank 4899 W Atlantic Ave 4,960 SF Retail Building Delray Beach, FL 33445 $6,000,000 ($1,209.68/SF) 4.75% Cap Rate

CBRE, Inc., as exclusive advisor, is pleased to present for sale Chase Bank Delray, located at 4899 W. Atlantic Ave. in Delray Beach, Florida. The offering represents a rare opportunity to acquire a freestanding, absolute NNN-leased JPMorgan Chase branch in one of Palm Beach County’s strongest retail corridors, with zero landlord responsibilities and the highest-rated tenant credit in the NNN market.
JPMorgan Chase Bank (S&P: A+/Moody’s: Aa2) has operated continuously at this location since 2005 and is currently in its second renewal term, with four years of term remaining and two additional five-year options extending the lease through 2040. Each option period carries a 10% rent escalation, providing a built-in income growth profile rarely found at this credit level. The branch reports more than $269 million in FDIC-reported deposits, placing it among the strongest- performing Chase locations in the
submarket and underscoring the tenant’s operational commitment to this site. That performance record provides high confidence in occupancy continuity through the
full lease term. The asset also offers a compelling yield premium relative to newer Chase locations in less established trade areas, rewarding investors for a branch with a proven track in one of the most desirable retail locations in South Florida.