Monday, January 5, 2015

Chase Bank with Strong Deposits in Bay Area


Investment Highlights

Price: $6,250,000 - CAP Rate: 4.00%

  • Rare Bay Area JP Morgan Chase Corporate Lease
    • Absolute NNN
    • Investment Grade Rated "A" by S&P
  • Strong Bank Deposits at $107 Million 
  • Nearby Banks also with High Deposits 
    • Mechanics Bank: $285M
    • Bank of America: $96M
  • Long-standing Location with Tenant Exercising 2nd Option
  • Located less than 1 Mile from Interstate 80
    • 225,000 AADT
    • Over 128,000 People within a 3 Mile Radius




Additional Tags:
STNL investments, ATM, off market triple net properties, cash, NNN Property, money, 1031 Exchange, Wells Fargo, Single Tenant net leased, Bank of the West, Tax deferred exchange properties, Citi

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