14011 Beach Blvd - Bank FOR SALE


Westminster, CA 92683
$5,825,000 USD
310-748-1328
14011 Beach Blvd, Westminster, CA for Sale
$5,825,000 USD
Bank - FOR SALE
1/14
null | 5.2% Cap Rate

14011 Beach Blvd
Westminster, CA 92683


HIGHLIGHTS

  • Absolute NNN lease with zero landlord responsibilities
  • Long-term tenancy by investment-grade credit tenant (S&P AA-)
  • Early 5-year lease extension through 2032 with 3 renewal options
  • Top-performing Chase branch with $407M+ in deposits
  • Prime corner location with ±110,000 VPD and strong signage
  • MU-40 zoning allows future mixed-use redevelopment potential

OVERVIEW

The offering price cap rate of 5.2% and if there is a spot to reflect upcoming 3/27 10% rent increase and that correlating cap rate of 5.7 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 $302,643 and a 5.20% cap rate, the asset provides stable cash flow and built-in rent escalations every five years, including three remaining 5-year renewal options. The site’s MU-40 zoning overlay allows for potential future mixed-use redevelopment, adding long-term upside. 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.

FOR SALE DETAILS

PRICE

$5,825,000 USD

PRICE/SF

$394 USD /SF

CAP RATE

5.2%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1963

SPRINKLERS

-

PARKING SPACES

36

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

C-1 with MU40

APN/PARCEL ID

096-332-59

ASK ABOUT THIS PROPERTY

Dan RileyCBRE, Inc.More Info
310-748-1328

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Dan RileyCBRE, Inc.More Info
310-748-1328

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.