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Investment Highlights

  • Absolute NNN ground lease to JPMorgan Chase Bank, N.A., with zero landlord responsibilities and truly passive income.
  • Long remaining primary term (through April 30, 2033) plus four 5-year renewal options, for up to 40 years of potential tenancy
  • Strong banking credit and established Sun City Center, FL location within the Tampa Bay MSA
  • Positioned to trade, targeting premium 1031 and passive net-lease buyers

Executive Summary

Introducing an exceptional opportunity for retail and street retail investors in the thriving Sun City area of FL. This 4,058 SF building, completed in 2013, is currently 100% occupied under an Absolute NNN ground lease to JPMorgan Chase Bank, N.A., offering a truly passive income stream with zero landlord responsibilities. Boasting a prime location within the Tampa Bay MSA and the assurance of strong banking credit, this property presents a compelling investment proposition. With a long remaining primary term extending through April 30, 2033, and the potential for up to forty years of tenancy through four 5-year renewal options, this property is perfectly positioned to attract premium 1031 and passive net-lease buyers seeking a secure and lucrative investment opportunity.

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,058 SF
Building Class
B
Year Built
2013
Price
$2,800,000
Price Per SF
$690.00
Cap Rate
4.06%
NOI
$113,741
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.67 AC
Zoning
CG - General Commercial
Parking
20 Spaces (4.93 Spaces per 1,000 SF Leased)
Frontage
175’ on Pebble Beach Blvd

Amenities

  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • -

Chase is the consumer banking brand of JPMorganChase, whose roots trace to New York City’s first water company in 1799 and to The Chase Manhattan Bank among its heritage firms. The company offers personal and business banking, credit cards, home loans, auto financing, and investing and retirement services through branches, digital channels, and affiliated payment platforms. Chase also supports commercial banking and treasury services for businesses, while JPMorganChase’s broader platform includes investment banking, asset management, and financial transaction processing. Chase remains a major U.S. banking franchise with a broad mix of consumer and commercial financial services.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - -
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

PNC Bank
TrustCo Bank
Truist
Bank of America
Publix

Property Taxes

Property Taxes

Parcel Number
U-12-32-19-ZZZ-000001-78380.0
Land Assessment
$100
Improvements Assessment
$1,370,500
Total Assessment
$1,370,600
  • Listing ID: 39629226

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 702 Pebble Beach, Sun City Center, FL 33573

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