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Executive Summary
Prime single-tenant NNN investment backed by JPMorgan Chase Bank (S&P: A+). Long-term occupancy of 19+ years, zero landlord responsibilities, and located in a high-traffic retail corridor with strong demographics.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
4,470 SF
Building Class
C
Year Built
1975
Price
$5,400,000
Price Per SF
$1,208.05
Cap Rate
5.11%
NOI
$276,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.75 AC
Zoning
C-1 - CR - Commercial Regional
Frontage
149’ on Central Ave
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1015-051-04 | Improvements Assessment | $2,870,000 |
| Land Assessment | $1,000,000 | Total Assessment | $3,870,000 |
Property Taxes
Parcel Number
1015-051-04
Land Assessment
$1,000,000
Improvements Assessment
$2,870,000
Total Assessment
$3,870,000
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