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20001 Brookhurst St Huntington Beach, CA 92646

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NNN ground lease with a strong investment-grade tenant.

Type:Retail
Property size:
3,400 SF
Price / SF:
$2,573/SF
Added:
Jul 6, 2022
Days on Market:
1389
Last Refresh:
Mar 17 at 1:23 pm

Property Features for 20001 Brookhurst St

General Information

Standard status
Active
Size
3,400 SF
Property subtype
Retail

Building Details

Year Built
2013

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Listing Contact
Theodore Wong, CCIM

Listing agent Theodore Wong, CCIM License #02016737

Listing office Compass Commercial Real Estate

Listing date Jul 6, 2022

Source Crexi

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 Compass Commercial Real Estate


Overview

NNN Ground Lease Investment Opportunity

This commercial real estate property is an NNN ground lease opportunity featuring a tenant with an S&P credit rating of A-. The tenant operates 4,700 branches and 16,000 ATMs nationwide, maintaining a strong national brand recognition and a diverse customer base. As the largest bank in the U.S., it holds $3.20 Trillion in Deposits. The initial term has 10 years remaining, structured as a NNN ground lease with no landlord responsibilities. The lease includes two 5-year options and one 4-year 11-month option, with 10% rent increases every 5 years. The location benefits from high traffic, with 37,521 vehicles per day on Adams Ave and 35,866 vehicles per day on Brookhurst St. It is a corner outparcel to Target, in close proximity to high-demand retailers such as Target, Kohls, Stater Bros, and Whole Foods. Bank of America, Wells Fargo & US Bank have nearby locations in the immediate trade area. The area exhibits excellent demographics, including an average household income of $142,214 within a 1-mile radius, with 46% of households having incomes of $125,000 or more. 41% of the population possesses a Bachelor’s Degree or higher, and 84% of households are homeowners within the same radius. The property has $145,145,000 in Deposits and a size of 3,400 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Chase Bank Bank Chase ATM Atm Amazon Locker - Queenie Postal Service

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Huntington Beach
County
Orange
State
California
Longitude
-117.9542872
Latitude
33.6719581

FAQs

What type of property is this?
Bank - NNN ground lease with a strong investment-grade tenant.
Where is this bank located?
The property is located at 20001 Brookhurst St Huntington Beach, CA.
What is the asking price?
The asking price for this property is $8,750,000.
What are key features of this property?
This property features: Strong Investment Grade Tenant: JPMorgan Chase (S&P Credit Rating: A-); NNN Ground Lease: No Landlord Responsibilities; 10 Years Remaining on Initial Term with Rent Increases: 10% Rent Increases Every 5 Years
More about this property
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