2011 E Highland Ave | San Bernardino, CA 92404
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- LoopNet Team
2011 E Highland Ave
San Bernardino, CA 92404
Bank of America · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long Term Tenancy - Bank of America has been at the location for over three decades and recently exercised an option to extend
- Replaceable Rent - Bank of America is paying a healthy rent in comparison to other Southern California banking branches
- The Branch Contains Over $315,000,000 in Deposits - This represents a strong increase of 66% in overall deposits at this specific location since 2021
- Corporate Lease with Bank of America - Bank of America (NYSE:BAC) has a Standard and Poor’s credit rating of A-/stable
- Excellent Performance According to Placer AI - The Bank of America location is amongst the top 96% of branches nationally and 90% within California
- Desirable Demographics - The nearby consumer base consists of 137,943 residents with an average household income of $80,283 within a 3 mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Bank
Building Size
6,927 SF
Building Class
C
Year Built
1962
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.62 AC
Parking
50 Spaces (7.22 Spaces per 1,000 SF Leased)
Frontage
132’ on E Highland Ave
AMENITIES
- Dedicated Turn Lane
PROPERTY TAXES
| Parcel Number | 1191-011-03 | Improvements Assessment | $807,382 |
| Land Assessment | $211,645 | Total Assessment | $1,019,027 |
PROPERTY TAXES
Parcel Number
1191-011-03
Land Assessment
$211,645
Improvements Assessment
$807,382
Total Assessment
$1,019,027
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