OFFERING PRICE:
$5,953,000

TOTAL BUILDING AREA:
±11,268 SF
FEATURED LISTING:
BANK OF AMERICA
9711 MISSION GORGE RD. |  SANTEE, CA
INVESTMENT HIGHLIGHTS
 

 
Corporate NNN Lease100% NNN leased to Bank of America
 
» Bank of America (NYSE: BAC) has a market capitalization of $204 billion, an annual revenue of $91.24 billion and S&P rating of A-
 
Excellent Bank Deposits – Bank of America at this location holds deposits in excess of $161 million
 
Long Term Occupancy History – Bank of America has successfully operated from this location since 1973 (47 years)
 
Planned Remodel – Bank of America is planning to remodel their building in 2021 demonstrating their commitment to this location
 

 
Income Growth – Net Operating Income at the property is projected to increase more than $89,000 (30%) over the anticipated 10-year hold period
 
High Visibility, High Traffic LocationBank of America is located at the southwest corner of Cuyamaca St. (over ±32,800 cars per day) and Mission Gorge Road (over ±32,700 cars per day). The property enjoys excellent line of sight visibility and direct accessibility along Mission Gorge Road
 
Ideal 1031 Exchange Upleg – Available for a quick close to accommodate 1031 Exchange Requirements


CLICK HERE TO DOWNLOAD OFFERING MEMORANDUM

 
FOR MORE
INFORMATION
PLEASE CONTACT:
 
NRP-WEST
KIRK BRUMMER
+1 949 725 8418
Lic. 01218518
kirk.brummer@cbre.com

 
ERIC SHAIN
+1 949 809 3758
Lic. 02050566
eric.shain@cbre.com

 
PHILIP D. VOORHEES
(Team Leader)
+1 949 725 8521
Lic. 01252096 phil.voorhees@cbre.com
 
LOCAL MARKET
REG KOBZI
+1 858 546 4604
Lic. 00917639
reg.kobzi@cbre.com



THIS IS A MARKETING COMMUNICATION

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