11955 Slauson Ave, Santa Fe Springs, CA 90670-2221
- Banks
- 4,757 SF
- 1.02 lot acres
Current Use by Public Records
- Banks
Property Details for 11955 Slauson Ave
- Year built
- 1977
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.02 lot acres
- Zone code
- SSM2*
- Property type
- Banks
- APN
- 8169-004-046
- APU
- 8169004046
Description
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
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Location Insight
- Map
- Local Demand
- City
- Santa Fe Springs
- County
- Los Angeles
- State
- California
- Longitude
- -118.062
- Latitude
- 33.9647
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
