Net Leased Bank
14011 Beach Blvd Westminster, CA 92683
14011 Beach Blvd, Westminster, CA, 92683
Contact for pricing
For Sale
Contact for pricing
Chase Bank property newly extended with a 10% rent increase effective 03/27.
Property Size14,774 SF
Price / SF$394.27
Days on Market953
Property Features for 14011 Beach Blvd
General Information
- Standard status
- Active
- Size
- 14,774 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1963
Listing agency
CBRE - South Bay
(310) 363-4899
Listed by
Austin Wolitarsky · License #CA 01957206
Source
Crexi
Added: Dec 12, 2023 Updated: Jul 22 at 7:27AM Checked: Jul 22 at 7:27AM
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 CBRE - South Bay
Investment Insights
Based on property information with market context.
This newly extended Chase Bank building is offered for sale as a net leased asset. The extension includes a 10% rent increase effective 03/27, providing an updated income component tied to the lease.
The property is located on a high-traffic corner at 14011 Beach Blvd in Westminster, California. The offering is identified as a West-facing corner location with “Westminster CACA” noted in the public remarks.
The asset is listed for sale at $5,825,000 and includes a total property size of 14,774 square feet as provided in the available information.
The property is located on a high-traffic corner at 14011 Beach Blvd in Westminster, California. The offering is identified as a West-facing corner location with “Westminster CACA” noted in the public remarks.
The asset is listed for sale at $5,825,000 and includes a total property size of 14,774 square feet as provided in the available information.
Key Highlights
- Chase Bank property built in 1963
- Newly extended STNL lease with a 10% rent increase effective 03/27
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $496.4k | $33.60 |
| − Vacancy | −$16.9k | −$1.14 |
| EGI | $479.5k | $32.46 |
| − OpEx | −$143.9k | −$9.74 |
| NOI | $335.7k | $22.72 |
14,774 SF · lease $33.60/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$4.80M
$4.20M – $5.59M
NOI $335,670 @ 7.0% cap · market cap 5.76%
Second Best
Specialty Retail
$4.75M
$4.15M – $5.54M
NOI $332,267 @ 7.0% cap · market cap 5.70%
Theoretical Best
Office A
$4.96M
$4.34M – $5.79M
NOI $347,360 @ 7.0% cap · market cap 5.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Chase Mortgage
Loan Service
Chase Bank
Bank
Chase ATM
Atm
Similar For Sale Nearby
FAQs
What type of property is this?
Bank - Chase Bank property newly extended with a 10% rent increase effective 03/27.
Where is this bank located?
The property is located at 14011 Beach Blvd Westminster, CA.
What is the asking price?
The asking price for this property is $5,825,000.
What are key features of this property?
This property features: Chase Bank property built in 1963; Newly extended STNL lease with a 10% rent increase effective 03/27
