240 E Tulare Street, Dinuba, CA
Retail for Sale - $1,150,000 - 9,354 Sq. Ft. on 0.63 acres
Property Info
| CIMLS# | 915671 |
| Location 240 E Tulare Street Dinuba CA 93618 | |
| Updated | November 4th, 2016 |
| Type | Retail |
| Price | $1,150,000 |
| Building | 9,354 Sq. Ft. |
| Land | 0.63 acres |
Property Description
Bank of America corporate guaranteed lease (NYSE: BAC) | Investment grade credit rating -S&P: BBB+
Second Largest Bank in US | $2.185 Trillion in Assets
Bank of America has been at this location for 57 years (since 1959)
2-Story Building with 1st Floor Utilized as a Bank Branch and 2nd Floor Used for Administrative Offices
Absolute Triple-Net NNN Lease| Tenant pays 100% Expenses and Property Tax
10% Rent Increase in Oct 2019 & 5% increase every 5 years thereafter |5-year option until year 2104
Situated at signalized, hard corner intersection of Tulare Street and J Street
More than 26,518 residents within 3 miles, and 571 businesses nearby
Location Description:
SIG is pleased to present the opportunity to acquire Bank of America, a corporate guaranteed, absolute net leased, investment property located in Dinuba, California with total rentable square feet of 9,354. The Bank of America is located at the signalized, hard corner intersection of Tulare Street and J Street with excellent visibility.
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