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- LoopNet Team
8851 Glades Rd
Boca Raton, FL 33434
JP Morgan Chase Trophy Property NNN11yr Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Trophy Property: JP Morgan Chase Lease with nearly 11 years remaining on term with 3% annual Increases
- Absolute Net Lease Investment with no Landlord responsibilities
- Located at premier Boca Raton West signalized Intersection of Glades Rd and Lyons Rd in Somerset Shoppes as Outparcel
PROPERTY FACTS
AMENITIES
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
ABOUT 8851 GLADES RD , BOCA RATON, FL 33434
Original Lease began in 1988 and has been a premier banking location even since. Multiple banks were bought out until JP Morgan Chase acquired the location.There have been several upgrades and modifications to the building since it was built. It is an Absolute Net Lease so there are no Landlord responsibilities. The property is is the premier outparcel of Somerset Shoppes Plaza. Somerset Shoppes 8903 Glades Rd, Boca Raton, FL 33434 Somerset Shoppes is located on the Northeast corner of Lyons and Glades in Boca Raton FL. The Shoppes are anchored by TJ Maxx, Michaels, Saks Off 5th Avenue, and DressBarn and feature many different restaurants and local shops. The Somerset Shoppes continues to be the premiere shopping destination in the West Boca area.
PROPERTY TAXES
| Parcel Number | 00-42-43-27-05-076-0522 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,361,096 |
PROPERTY TAXES
