Chase Bank Closes in Naples, Florida

Chase Bank Closes in Naples, Florida

SIG is pleased to announce the closing of Chase Bank in Naples, Florida.

Investment Highlights Include:

  • 100% Leased JP Morgan Chase Bank, One of the Top Leading Worldwide Financial Institutions with Over $2.3 Trillion in Assets
  • Absolute NNN Lease Provides Zero Landlord Responsibilities or Maintenance from Landlord Making the Asset Very Easy for In-State or Out-of-State Investor
  • Entire Building, Chase Bank Retail Condo and The Inn on 5th Consists of Brand New Development Completed in 2013
  • 10% Rent Increases every 5 Years in Initial Term and Including Throughout Options Provide a Strong Hedge Against Inflation
  • Year 1 NOI of $303,500 | Year 3 NOI of $333,850
  • Corporate Signature Lease with JPMorgan Chase Bank (NYSE: JPM) – S&P Credit Rating ‘A+’
  • Located in Naples, Florida – One of the Wealthiest Cities in the Country
  • Irreplaceable Downtown Naples Location in the Center of the Most Affluent Shopping and Restaurant District in Town
  • 5th Avenue is 99% Occupied with Over 40 National & Regional Credit Tenants on a Waiting List for Space

For More Information Contact:

Andrew Chana
Lic #01896459

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