Single-Tenant Bank
For Sale
Contact for pricing
200 E Citrus Ave, Redlands, CA 92373
Fully built-out branch occupied under an absolute NNN lease with a 15-year term and renewal option.
Property SizeContact for details
Days on Market141
Property Features for 200 E Citrus Ave
General Information
Standard status
Active
Property subtype
Retail
Building Details
Tenancy
Single
Listing Agency:
KW Commercial Inland Empire
(909) 980-6868
Listed By:
Rene Ramos, Jr. · License #CA 01836872
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 29 at 6:12PM
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 KW Commercial Inland Empire
Investment Insights
Based on property information with market context.
The property is a single-tenant bank branch at 200 E Citrus Ave in Redlands, California. The facility is 100% built out for banking operations and is leased to Citizens Business Bank.
Lease terms include a new 15-year absolute NNN structure, 2% annual increases, and a corporate guarantee from CVB Financial, identified by the source as NYSE: CVB. The agreement also provides One (1), Five (5)-year option to extend. Citizens Business Bank has reported 187 consecutive profitable quarters spanning 46+ years, and the source notes its 2023 rankings by Forbes and S&P Global Market Intelligence.
Lease terms include a new 15-year absolute NNN structure, 2% annual increases, and a corporate guarantee from CVB Financial, identified by the source as NYSE: CVB. The agreement also provides One (1), Five (5)-year option to extend. Citizens Business Bank has reported 187 consecutive profitable quarters spanning 46+ years, and the source notes its 2023 rankings by Forbes and S&P Global Market Intelligence.
Key Highlights
- 100% built‑out single‑tenant bank branch
- New 15‑year absolute NNN lease
- 2% annual increases
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,993
Businesses Nearby
402k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 26%
Groceries 21%
Apparel 1%
VONS
Groceries
42,930 visits/mo
0.3 miles
Trader Joe's
Groceries
42,784 visits/mo
0.3 miles
McDonald's
Dining
30,758 visits/mo
0.2 miles
ARCO
Shops & Services
26,434 visits/mo
0.2 miles
Bank of America
Shops & Services
23,902 visits/mo
0.1 miles
Demographics for 92373, CA
35,348
Population
14,501
Households
2.4
Avg Household Size
41
Median Age
53%
College-Educated
94%
High-School Grad
39.8 sq mi
ZIP Area
888
Density / Sq Mi
$99,354
Median Household Income
$64,533
Median Earnings
$1,886
Median Rent
$713,200
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bank - Fully built-out branch occupied under an absolute NNN lease with a 15-year term and renewal option.
Where is this bank located?
The property is located at 200 E Citrus Ave Redlands, CA.
What are key features of this property?
This property features: 100% built‑out single‑tenant bank branch; New 15‑year absolute NNN lease; 2% annual increases
