Dunedin, FL - Chase Bank
$4,112,000
716 Main St, Dunedin, FL 34698
4.5
Cap Rate
185,000
NOI
Details:
Description:
• Brand new 15-year ground lease with 6 (5-year) options to extend, demonstrating their long-term commitment to the site
• The lease is signed by Chase Bank, an established bank tenant (S&P: AA-)
• Chase continues to expand its national footprint with plans to open 160+ new branches across more than 30 states in 2026, while holding an 11.1% national deposit share and serving approximately 94 million consumer and small-business relationships
• The ground lease features 10% rental increases every 5 years and at the beginning of each option period
• Located within a prime retail corridor, surrounded by national brands including Lowe’s, Publix, Walmart Neighborhood Market, Dollar Tree, Chipotle, Starbucks, Jersey Mike’s, and more
• Near additional major retail destinations such as Granada Plaza and Countryside Mall, with tenants including Dick’s Sporting Goods, Five Below, Whole Foods Market, Nordstrom Rack, Dillard’s, and many more
Location
Gallery