12421 Valley View St - Freestanding FOR SALE
Garden Grove, CA 92845 |
$4,990,000 USD
858-900-3112
12421 Valley View St
Garden Grove, CA 92845
HIGHLIGHTS
- A truly passive investment, with the tenant covering all expenses, including property taxes, insurance, repairs and maintenance.
- Bank of America has operated at this location for over 60 years and recently extended its lease, reflecting a long-term commitment to this location.
- The property was remodeled by the tenant in 2024, followed by HVAC replacement in March 2025, both completed at the tenant’s sole expense.
- This branch currently holds over $176 million in deposits, reinforcing viability of the location and its deeply rooted customer base.
- Bank of America is one of the most recognized financial institutions in the U.S. and ranks as the world’s 2nd largest by market capitalization ($327B)
- The property features a double drive-thru and is strategically located at the hard corner signalized intersection of Valley View St and Lampson Ave.
FOR SALE DETAILS
PRICE
$4,990,000 USD
PRICE/SF
$755 USD /SF
CAP RATE
5.08%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bank of America - Double Drive-Thru
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Bank
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1965
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.62 AC
LAND SF
27,007 SF
ZONING
Neighborhood Commercial (
APN/PARCEL ID
217-061-08
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858-900-3112
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858-900-3112
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