550 K St | Los Banos, CA 93635
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- LoopNet Team
550 K St
Los Banos, CA 93635
Chase Bank · Retail Property For Sale
Investment Highlights
- A single-tenant corporate (S&P: A+) Chase Bank branch strategically located in a dense downtown retail & residential signalized corner location of Los
- The tenant recently extended the lease for 5-years to November 30th, 2029, showing commitment to the location
- Chase Bank has been at this location since 2009 and this building has been a bank branch since 1971
- Chase Bank corporate absolute NNN lease with zero landlord maintenance or expense responsibilities, two, 5-year additional options, and rental
- This Los Banos Chase branch has exceptionally high deposits of $189,537,000
Property Facts
Property Type
Retail
Property Subtype
Building Size
5,370 SF
Building Class
C
Year Built
1971
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
0.60 AC
Zoning
C1 - Commercial
Parking
36 Spaces (6.7 Spaces per 1,000 SF Leased)
Frontage
75’ on K Street
Property Taxes
| Parcel Number | 026-052-024 | Improvements Assessment | $1,135,000 |
| Land Assessment | $315,000 | Total Assessment | $1,450,000 |
Property Taxes
Parcel Number
026-052-024
Land Assessment
$315,000
Improvements Assessment
$1,135,000
Total Assessment
$1,450,000
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