NNN Ground Lease with Chase Bank, Investment Properties

Miami Beach, Florida - Today information is regarding a Ground Lease. A large Real Estate Investment Services Company has helped with a transaction on a ground lease in Miami. This Investment Property has sold for $3,615,000.

The Investment Property is a JP Morgan Chase ground-leased property in Miami. The land is currently leased on a 15-year ground lease to the tenant, JP Morgan Chase Bank. This Investment Property consists of 38,295 square feet of land and is an outparcel to a Kmart Retail Center. The land is currently leased on a 15-year ground lease to the tenant, JP Morgan Chase Bank. The Commercial Property address is 10760 Biscayne Boulevard in Miami.

The Net Lease Property seller is a limited liability company from Miami Beach. The buyer of the Commercial Property is a limited liability company from Aventura. Aventura is an upscale community just north of Miami Beach. The Buyer of this Net Leased Property should enjoy secure cash-flow from the tenant, with generous increases to the rental rate every five years.
Several of the large Quick Service Restaurant Chains (Fast Food) are involved in Ground Leases across the Country. We, at Net Lease Properties are seeking Absolute NNN Ground Lease, with no management responsibilities, for our group of Investors.
Those Owners of Net Lease Properties with non-recourse self amortizing financing may for immediate sales.

Many of these Absolute NNN Ground Lease Investments can be solid assets and well-positioned to build wealth over the long term.