Chase Bank 3997 Ball Road, Los Alamitos, CA Cap Rate 3.75% Los Alamitos Junction (Stanton, California, US ) Built

$5,520,000 USD
Dollars

BAI-MEX Bienes Raíces y Negocios

  • Type: Commercial
  • Style: Commercial
  • Size: 3,500 sq. ft.
  • Development Level: Built
  • Lot Size: 0.57 acres
  • Year Built: 2013

Description

Chase Bank 3997 Ball Road, Los Alamitos, CA Cap Rate 3.75%

Cap Rate-. 3.75%
NOI: $207,000
Building Size: 3,500 sqft
Lot Area: 0.57 acres
Lease Type: Triple Net
Year Built: 2013
Tenancy: Single

Price: $5,520,000 USD

DESCRIPTION
Trophy Single-Tenant Corporate Chase Bank Ground Lease (Investment Grade S&P A- Rated)
-Absolute NNN ground lease with no landlord responsibilities
-13-years remaining on the primary lease term
-10% rental increases every 5-years
-Three 5-year options

Signalized Hard Corner with Excellent Traffic: Located the signalized intersection of Ball Road and Bloomfield Street with average daily traffic volumes exceeding 37,000 vehicles per day providing excellent real estate fundamentals
Dense Affluent Orange County Demographics: With a 3-mile population exceeding 199,000 people with average household incomes of $119,000
Exceptional Bank Deposits: With Chase holding over $73 million in deposits at this location
Excellent Retail Synergy: Shared access with a busy 7-Eleven; across the intersection from a Ralphs Grocery Market
Impending Rental Increases: Chase is already over two years into its current rent schedule with a 10% rental increase due in 2023.

For more information:
Javier Tamez Martínez.
jtamez@bai-mex.com
Celular: +52 (81) 1599 75 36
Podemos encontrar propiedades comerciales e industriales para invertir en cualquier ciudad y estado de estados unidos.

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Information is deemed to be correct but not guaranteed.