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Jess Ranch - Bank of America 19095 Bear Valley Rd 5,592 SF Retail Building Apple Valley, CA 92308 $4,410,000 ($788.63/SF)
INVESTMENT HIGHLIGHTS
- Absolute NNN Ground Lease
- Rent Increases: 12% every 5 years
- Drive-Through: Equipped with 2 ATM lanes
- Lease Term: 25 years (Aug 19, 2008 – Aug 31, 2033) + 5 x 5-year options
- Landlord Responsibilities: NONE – Ideal for a management-free investment
- Located in the heart of the Jess Ranch Marketplace. Offers premium exposure with high-traffic visibility
EXECUTIVE SUMMARY
Bank of America
This property leased to BANK OF AMERICA with NNN lease. The tenant pays all common area expense including property management fee. Located in the heart of the Jess Ranch marketplace that offering prime exposure With high traffic visibility,
This Jess Ranch marketplace destination with national retailers like Target, WinCo, Famous Footwear, Applebee's, Buffalo Wild
Wings, big 5 sporting, rite Aid, bath and body works and many more. This excellent single-tenant with 25 years lease terms.
The cap rate is Approx. 5%. Call listing office for any questions.
This property leased to BANK OF AMERICA with NNN lease. The tenant pays all common area expense including property management fee. Located in the heart of the Jess Ranch marketplace that offering prime exposure With high traffic visibility,
This Jess Ranch marketplace destination with national retailers like Target, WinCo, Famous Footwear, Applebee's, Buffalo Wild
Wings, big 5 sporting, rite Aid, bath and body works and many more. This excellent single-tenant with 25 years lease terms.
The cap rate is Approx. 5%. Call listing office for any questions.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,592 SF
Building Class
B
Year Built
2009
Price
$4,410,000
Price Per SF
$788.63
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.23 AC
Zoning
C - Commercial
AMENITIES
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 0399-271-17 | Improvements Assessment | $2,415,809 |
| Land Assessment | $1,430,550 | Total Assessment | $3,846,359 |
PROPERTY TAXES
Parcel Number
0399-271-17
Land Assessment
$1,430,550
Improvements Assessment
$2,415,809
Total Assessment
$3,846,359
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Jess Ranch - Bank of America | 19095 Bear Valley Rd
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