$2,650,000 USD
818-259-0476
2011 E Highland Ave
San Bernardino, CA 92404
San Gorgonio
HIGHLIGHTS
- Long Term Tenancy - Bank of America has been at the location for over three decades and recently exercised an option to extend
- Corporate Lease with Bank of America - Bank of America (NYSE:BAC) has a Standard and Poor’s credit rating of A-/stable
- Replaceable Rent - Bank of America is paying a healthy rent in comparison to other Southern California banking branches
- Excellent Performance According to Placer AI - The Bank of America location is amongst the top 96% of branches nationally and 90% within California
- 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
- Desirable Demographics - The nearby consumer base consists of 137,943 residents with an average household income of $80,283 within a 3 mile radius
FOR SALE DETAILS
PRICE
$2,650,000 USD
PRICE/SF
$567 USD /SF
CAP RATE
5.48%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1962
SPRINKLERS
-
PARKING SPACES
50
LAND DETAILS
LAND ACRES
0.62 AC
LAND SF
27,000 SF
ZONING
-
APN/PARCEL ID
1191-011-03
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818-259-0476
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818-259-0476
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