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    NNN Ground Lease Investment Opportunity Title is generated by Realmo AI

    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:
    1434
    Last Refresh:
    May 12 at 9:47 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

    HighLights

    • 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
    • High Traffic Location: 37,521 VPD on Adams Ave & 35,866 VPD on Brookhurst St
    • Excellent Demographics: Average Household Income of $142,214 (1 Mile)
    • Strong Retail Corridor: Corner Outparcel to Target, Close to High Demand Retailers

    Overview

    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 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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