4300 Sonoma Blvd - Bank FOR SALE


Vallejo, CA 94589- West Vallejo
$2,156,000 USD
415-269-8969
4300 Sonoma Blvd, Vallejo, CA for Sale
$2,156,000 USD
Bank - FOR SALE
1/7
null | 6.4% Cap Rate

4300 Sonoma Blvd
Vallejo, CA 94589
West Vallejo


HIGHLIGHTS

  • CORPORATE-BACKED TENANCY WITH INVESTMENT GRADE CREDIT
  • PASSIVE OWNERSHIP WITH NET LEASE STRUCTURE
  • HIGH-TRAFFIC LOCATION IN A GROWING BAY AREA SUBMARKET

OVERVIEW

This BMO bank branch, which has been operating at this location since 1987, is backed by one of North America’s largest financial institutions ($1.3T in assets) and generating $90M in deposits. It is located in a dense, growing Bay Area market within Park Place shopping center, which just sold to a national retail developer and is undergoing a major redevelopment. With an investment-grade tenant, NNN lease, strong demographics, and a position in the fast-growing Bay Area, this asset is built for performance.

FOR SALE DETAILS

PRICE

$2,156,000 USD

PRICE/SF

$553 USD /SF

CAP RATE

6.4%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate BMO Bank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,344 SF

ZONING

CP, Vallejo

APN/PARCEL ID

0052-130-050

ASK ABOUT THIS PROPERTY

David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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David LucasMonarch Commercial AdvisorsMore Info
415-269-8969

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