This Ground Lease Florida Investment Property was purchased by AZ Biscayne Holdings, LLC. Some Chase Bank Ground Lease to compare this with are a Net Lease Property with a corporate signature and a 6.07% CAP Rate with increases every 5 years. This Miami Chase Bank Ground Lease was based on a Cap Rate of 6.5%. The Commercial Loan used to finance this transaction was provided by a Bank.
Another Investment Property Search found an Investment Property currently leased by Chase Bank. This Investment Property has been occupied for more than 35 years by various banks, with no vacancies. The net lease property is in good condition, in a prime location with great street visibility. This Chase Ground Lease Investment currently has a five year lease. These Ground Lease with a Corporate Tenant make for an excellent, long-term net lease investment.
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