9 am to 6 pm

Monday to Saturday

1915 W 235th St

Torrance, CA 90501

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PRICE $3,670,000
SIZE 7,754 sq ft
LOT SIZE n/a

Single Tenant Absolute NNN Citibank in prime southern california location with Drive-Thru and safe deposit box. Near signalized intersection with other banks: Bank of America, Wells Fargo Bank, Chase Bank and Union Bank. 10 year lease extension executed by Citibank in 2014. 1.5% annual increase. Strong deposit of $87 million. Current Net Income, $146,976, is pro forma as of Jan. 18, 2018. Net Income at Start of Option 1 $160,719. Net Income at End of Option 1 $170,581. Lease Term 10 Years. Rental Increases 1.5% Annually. Expiration January 30, 2024. Options Four, Five Year Renewal Options. NNN No Landlord Responsibilities.

FORECLOSURE
This listing may be a bank owned (foreclosed) property.

DAYS ON MARKET 7 LAST UPDATED 12/7/2017
YEAR BUILT 1983 COMMUNITY 682 - Chino Hills
COUNTY San Bernardino STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AREA 682 - Chino Hills
STORIES 1
UTILITIES Public;
WATER Public

ZESTIMATE
  14808 Pipeline Avenue, Chino Hills, CA

RENT ZESTIMATE
  14808 Pipeline Avenue, Chino Hills, CA

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CONTACT US ABOUT 14808 PIPELINE AVENUE
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Listing provided by : William Kahng CalBRE:02036826, Coldwell Banker Best Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of 12/14/17 10:52 AM PST and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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