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1102 Higuera St
San Luis Obispo, CA 93401
Bank of America · Retail Property For Sale
Investment Highlights
- Rare Long-Term Absolute NNN Ground Lease with Corporate Guaranty
- Over $546.8 Million in Deposits
- 60,796 Residents Within a Five-Mile Radius of the Property, Giving Bank of America a Significant Customer Base
- Bank of America, National Association (NYSE: “BAC”) is Rated “A+” by Standard & Poor’s and “Aa2” by Moody’s
- 12% Rental Increases Every Five Years with No Landlord Management
- Average Household Income of $91,056 Within Five Miles of the Location
Property Facts
Property Type
Retail
Property Subtype
Bank
Building Size
4,500 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
0.56 AC
Zoning
C-R
Property Taxes
| Parcel Number | 002-436-019 | Improvements Assessment | $1,560,600 |
| Land Assessment | $10,924,200 | Total Assessment | $12,484,800 |
Property Taxes
Parcel Number
002-436-019
Land Assessment
$10,924,200
Improvements Assessment
$1,560,600
Total Assessment
$12,484,800
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