For Sale
$5,105,900

11955 Slauson AveSanta Fe Springs, CA 90670

Bank of Montreal NNN Lease, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
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

Highlights

  • Corporate-guaranteed, extremely rare annual rent increases.
  • 1.02-acre parcel in Los Angeles County with a long operational history.
  • Absolute NNN lease; no landlord responsibilities.
  • Strong traffic counts exceeding 45,000 vehicles per day at a signalized hard corner intersection.
  • Surrounded by well-known logistics companies, a major distribution center, and numerous light industrial businesses.

Property Details for 11955 Slauson Ave

Property type
Retail properties, Banks
Square Feet
5,812 SF
Year Built/Renovated
1977/2023
Stories
2
Lot Size (sq. ft)
44,431 SF
Units
1

Location Insight

City
Santa Fe Springs
County
Los Angeles
State
California
Latitude
33.9646407
Longitude
-118.0615364
11955 Slauson Ave, Santa Fe Springs, California

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11955 Slauson Ave
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