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Bank Property With NNN Lease
For Sale
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12223 Ventura Blvd, Los Angeles, CA 91604

Banking facility subject to a long-term triple-net lease.

Property Size14,245 SF
Lot Size0.31 Acres
Days on Market130

Property Features for 12223 Ventura Blvd

General Information

Standard status Active
Size 14,245 SF
Lot size 0.31 Acres
Property subtype Retail

Additional Details

Gross Income $882,840

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Anthony Bird · License #NY 10401306066
Source: Crexi
Added: Apr 24 Changed: Aug 30 Last Checked: Aug 30 at 11:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

This bank property includes roughly 14,245 rentable square feet on an estimated 0.31-acre parcel. The asset is identified as a Bank of America facility and is offered subject to a 20-year Triple Net (NNN) lease.

The lease commenced 7/23/1971 and provides scheduled increases of 10.00% in options. The property is presented for sale with the stated lease structure and banking use.

Key Highlights

  • Roughly 14,245 rentable square feet of building space
  • Estimated 0.31‑acre parcel
  • Subject to a 20‑year Triple Net (NNN) lease

Property Analytics

Current Use

Banks

Suggested Use

Top Pick Barber Shop Grocery & Convenience Store (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,544
Businesses Nearby

Demographics for 91604, CA

30,947
Population
15,900
Households
1.9
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
4.7 sq mi
ZIP Area
6,584
Density / Sq Mi
$141,317
Median Household Income
$72,208
Median Earnings
$2,471
Median Rent
$1,698,900
Median Home Value

Market

Vacancy Rate% for Retail in Los Angeles, CA

5.7% 2019
6.1% 2020
6% 2021
5.7% 2022
5.6% 2023
6% 2024
6.2% 2025
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Frequently Asked Questions

What type of property is this?
Bank - Banking facility subject to a long-term triple-net lease.
Where is this bank located?
The property is located at 12223 Ventura Blvd Los Angeles, CA.
What are key features of this property?
This property features: Roughly 14,245 rentable square feet of building space; Estimated 0.31‑acre parcel; Subject to a 20‑year Triple Net (NNN) lease
More about this property
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