TSCG is pleased to offer for sale a brand new 15-year Chase Bank ground lease in Riverview, FL. Located approximately 10 miles southeast of Tampa, the Property benefits from its unbeatable location along US-301 (61,000 VPD) surrounded by a plethora of new and proposed development. Chase’s premier positioning on an outparcel to the new 368-unit Sentosa Apartments provides an immediate and targeted customer base. The Property has cross access to a signalized intersection and a recently developed Chick-fil-A. Less than a mile from the Property is a brand new AdventHealth Hospital (200+ beds and 1,000+ employees), Riverview High School (2,500+ students) and Interstate 75 (168,000 VPD). Notable retailers in the immediate vicinity include Lowe’s (top 91% - Placer.ai), Publix, Planet Fitness, Chick-fil-A, Wawa, Starbucks, Save A Lot, CVS, 7 Eleven and more.
Riverview continues to see rapid growth and expansion. The bustling Tampa suburb has seen more than 37% population growth over the last decade. Within 1 mile from Chase, the population has nearly doubled since 2010 and is expected to grow another 8.50% by 2029. To keep up with demand, there have been more than 8,000 single family homes and apartment units built (in the last 3 years) and proposed within 7 miles.