7700 El Camino Real Carlsbad, CA 92009

Listing agency SPERRY

Listed by Steve Frey · License #CA 00859711

Source Crexi

Added: Apr 10 Updated: Jul 22 at 8:45AM Checked: Jul 22 at 8:45AM

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Investment Insights

Based on property information with market context.

This Bank of America branch is offered as an absolute NNN lease with annual increases. The lease structure includes the tenant paying all expenses, including roof and structure. The building includes the bank’s retail space on the first floor and traditional office space on the second floor. Bank of America and its predecessor Security Pacific have maintained continuous occupancy since a build-to-suit completed in 1980, and the lease was extended in 2011 by an additional 10 years with options.

The property is located at the corner of El Camino Real and La Costa Avenue, on a high-traffic intersection supporting long-term branch operations. The surrounding area is described as master-planned communities and luxury resorts, and the adjacent Beacon at La Costa Center retail center is undergoing an upgrade, with Equinox as an anchor.

The offering is subject to a corporate lease.

Key Highlights

• Absolute NNN lease with annual increases; Bank of America pays all expenses, including roof & structure
• Investment‑grade tenant: Bank of America rated A+ (Fitch), A2 (Moody’s), and A- (S&P)
• Continuous occupancy since construction: build‑to‑suit in 1980, with Bank of America and predecessor Security Pacific in place

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FAQs

What type of property is this?

Bank - Bank of America branch on a corner site with first-floor retail bank space and second-floor traditional office space.

Where is this bank located?

The property is located at 7700 El Camino Real Carlsbad, CA.

What are key features of this property?

This property features: Absolute NNN lease with annual increases; Bank of America pays all expenses, including roof & structure; Investment‑grade tenant: Bank of America rated A+ (Fitch), A2 (Moody’s), and A- (S&P); Continuous occupancy since construction: build‑to‑suit in 1980, with Bank of America and predecessor Security Pacific in place