49551 Highway 27 | Davenport, FL 33897
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- LoopNet Team
49551 Highway 27
Davenport, FL 33897
Chase Bank · 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.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
3,319 SF
Building Class
B
Year Built
2025
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
2.98 AC
Parking
29 Spaces (8.74 Spaces per 1,000 SF Leased)
AMENITIES
- Drive Thru
PROPERTY TAXES
| Parcel Number | 26-25-13-998014-000040 | Improvements Assessment | $0 |
| Land Assessment | $503,487 | Total Assessment | $503,487 |
PROPERTY TAXES
Parcel Number
26-25-13-998014-000040
Land Assessment
$503,487
Improvements Assessment
$0
Total Assessment
$503,487
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