29640 Rancho California Rd - Freestanding FOR SALE


Temecula, CA 92591
$5,265,000 USD
949-270-8206
29640 Rancho California Rd, Temecula, CA for Sale
$5,265,000 USD
Freestanding - FOR SALE
1/10
null | 5.5% Cap Rate

29640 Rancho California Rd
Temecula, CA 92591


HIGHLIGHTS

  • Recent 5-Year Extension | Long Term Occupancy (30+ Years) | Investment Grade Tenant (S&P: A+ | NYSE: JPM)
  • Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
  • Temecula Town Center (4.8M+ Visitors) | Dense Retail Corridor | National/Credit Tenant Presence | Nearby Residential Complexes
  • Along Rancho California Road | Excellent Visibility & Access | Nearby On/Off Ramp to Interstate 15 | Drive-Thru Equipped
  • Strong Demographics In 5-Mile Trade Area | Six-Figure Incomes | Temecula Valley Strong Tourism & Population Growth

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in an absolute NNN leased, investment grade (S&P: A+), drive-thru equipped, Chase Bank investment property located in Temecula, California. The tenant, JPMorgan Chase Bank, NA, has occupied the site for 30 years and recently extended their lease an additional 5 years with 2 (5-year) option periods to extend, demonstrating their commitment to the site. The lease is signed by the corporate entity (S&P: A+), and is absolute NNN with zero landlord responsibilities, making this an ideal, management-free investment opportunity for a passive investor. JPMorgan Chase & Co. (NYSE: JPM) is a leading global financial services firm with assets of $3.2 trillion and operations worldwide.

FOR SALE DETAILS

PRICE

$5,265,000 USD

PRICE/SF

$982 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chase | Recent Extension | S&P: A+| NYSE: JPM

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.81 AC

LAND SF

35,284 SF

ZONING

CG

APN/PARCEL ID

921-320-045

ASK ABOUT THIS PROPERTY

Parker WalterSRS National Net LeaseMore Info
949-270-8206

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Parker WalterSRS National Net LeaseMore Info
949-270-8206

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.