Chase Bank Westminster, CA 14011 Beach Blvd 14 774 pi² Commerce de détail Immeuble Westminster, CA 92683 8 047 326 $ CAD (544,70 $ CAD/pi²) 5,74% Taux de capitalisation

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The offering price correlates to a FY (11/26-10/27) cap rate of 5.6% with a 3/27 scheduled Ten Percent (10%) rent increase ($332,907) correlating to a near term cap rate of 5.74%
Outstanding deposits / rent health ratio - over $400,000,000 in deposits = $1,200 of deposits for every $1 of annual rent
Located at the high-visibility intersection of Beach Boulevard and Westminster Boulevard, 14011 Beach Blvd presents a rare opportunity to acquire a top-performing Chase Bank branch in the heart of Orange County. This ±14,774 SF, two-story freestanding building sits on 1.05 acres across three parcels, with ±110,000 vehicles per day passing by, ensuring exceptional exposure. The property benefits from a long-standing tenancy by JP Morgan Chase Bank, the largest financial institution in the U.S., which has operated at this location since 1989 and recently exercised an early 5-year lease extension through February 2032.
The lease is structured as an absolute NNN with zero landlord responsibilities, offering a truly passive investment. With a current NOI of $322,116 and a near term (3/27) 10% increase to $332,907 NOI (5.74% CAP), the asset provides stable cash flow and built-in rent escalations (10%) every five years, including three remaining 5-year renewal options.. The site’s MU-40 zoning overlay allows for potential future commercial or mixed-use with residential redevelopment, adding long-term upside potential.
Surrounded by national retailers including Starbucks and Wells Fargo, and supported by a dense, middle-income trade area with over 250,000 residents within a 3-mile radius, the property is ideally positioned for continued success. The branch ranks in the top 25% of Chase locations in Orange County based on deposits, exceeding $407 million, underscoring its strength and importance in the network.