Anchored by JP Morgan Chase Bank, N.A. (NYSE: JPM), the largest bank in the United States, occupying 6,572 SF (33% of GLA) through February 2031
Investment grade credit income: Chase lease carries 2% annual escalations plus a $5,000 monthly CAM contribution
100% leased to a roster of ten office suites plus three mailbox tenants; no single office suite exceeds 13% of GLA
Contractual rent growth: office escalations of 3% to 5% annually across the rent roll
Diverse tenant base of legal, medical, chiropractic and professional service users
Built 1962, renovated 2023, with pride of ownership presentation
Parking at 3.80 per 1,000 SF with 73 surface spaces and covered options available
Main Street infill location in the El Monte civic core with Interstate 10 and Interstate 605 access [marketing to add traffic counts and demographics]
Rare San Gabriel Valley combination of credit anchored bank income and multi tenant office cash flow, ideal for 1031 exchange capital