11955 Slauson Ave Santa Fe Springs, CA 90670-2221

This exceptional investment opportunity presents a 5,812 square foot Bank of Montreal property located at 11955 Slauson Ave, Santa Fe Springs, CA 90670. The property sits on a 1.02-acre lot and features a drive-thru. Currently operating under a Net Lease (NNN) agreement, the tenant, Bank of Montreal, provides a corporate guarantee. The lease boasts a remaining term of 14 years, with annual rent increases of 2%, and includes option periods. The building, constructed in 1977 and renovated in 2023, is a two-story structure zoned SSM2. The asking price is $5,105,900, representing a price per square foot of $878.51 and a 4.10% cap rate. The property's strong location benefits from high traffic counts exceeding 45,000 vehicles daily at a signalized intersection, surrounded by logistics companies and distribution centers. The Net Operating Income (NOI) is $209,340. This is an ideal asset for 1031 exchange investors seeking a low-maintenance, high-return investment with a creditworthy tenant. The average household income within a 5-mile radius exceeds $79,133. Please note that the property is currently occupied, and tenant disturbance is discouraged