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- LoopNet Team
Pacific Premier Bank
Huntington Beach, CA 92646
True NNN- Rare OC Deal- PAD to Home Depot · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- RARE Orange County Retail Asset Opportunity- Proven Site with Long Term Track Record- Fee Simple
- High Profile Outparcel PAD of Home Depot- Strip Center includes Subway/Mio Nails & Spa (sublets)
- Irreplaceable Signalized Hard Corner Property- Tremendous Visibility in the Heart of Orange County
- Absolute NNN Lease by Pacific Premier Bancorp (NASDAQ: PPBI) - Subsidiary of Grandpoint Capital, Inc.
- Huge Deposits $121M- 45+ Locations on West Coast- Over $11.8B in Assets- Top Regional Bank (S&P)
- World Famous Huntington Beach, CA- Nicknamed Surf City USA- Most Populous Beach City in the OC
PROPERTY FACTS
ABOUT PACIFIC PREMIER BANK , HUNTINGTON BEACH, CA 92646
We are pleased to offer to qualified investors an opportunity to acquire a single tenant net leased investment, that is 100% leased to Pacific Premier Bank (NASDAQ: PPBI) on a corporate lease located in Huntington Beach, CA. With over $120.8MM in deposits, the subject property benefits from its positioning on a hard-corner signalized intersection along with it’s location on Magnolia St. (one of the main Orange County, CA thoroughfares) which leads from the dense residential neighborhoods of Huntington Beach directly to the I-405 freeway. Moreover, with it’s positioning as an outparcel to The Home Depot along with Orange County’s high barriers to entry and limited availability of credit tenant quality retail spaces, this opportunity provides investors with very little downside risk. This is a rare opportunity to buy a 100% leased absolute NNN investment located in one of Orange County, CA’s premier destinations (Huntington Beach), leased to one of “America’s Best Banks” (#11 by Forbes’) with over $120MM in deposits and zero landlord responsibilities.
PROPERTY TAXES
| Parcel Number | 153-521-01 | Improvements Assessment | $1,463,990 |
| Land Assessment | $1,601,737 | Total Assessment | $3,065,727 |
PROPERTY TAXES
