INVESTMENT OPPORTUNITY CHASE BANK (NYSE: JPM | S&P: A+) DELANO, CA OFFERED AT: $1,923,000 | 6.25% CAP OFFERED AT $2,027,000 | 6% CAP Actual Property EXECUTIVE SUMMARY PROPERTY INFORMATION TENANT OVERVIEW AREA OVERVIEW TABLE OF CONTENTS 3 Offering Summary 4 Investment Highlights 5 Lease Summary, Rent Schedule & Abstract 6 Location Maps 7 Site Plan 8 Property Photos 9 Aerials 14 About Chase Bank 15 Delano Overview 16 Bakersfield Overview 17 Demographics Confidentiality Agreement & Disclosures EXCLUSIVELY LISTED BY RYAN BARR RYAN BENNETT Principal Principal 760.448.2446 760.448.2449
[email protected] [email protected] CA BRE LIC#01338994 CA BRE LIC#01826517 CHRISTOPHER SILL Senior Vice President 209.983.6837
[email protected] CA BRE LIC#01188616 Color Scheme RGB R:145 / G:0 / B:40 CMYK C:0TODD / M:100 / Y:65 / K:47 WALLER RGB R:119 / G:120 / B:123Principal CMYK C:0 / M:0 / Y:0 / K65 Fonts 608.327.4001 GOTHAM/ BLACK
[email protected]/ MEDIUM GOTHAM/ LIGHT Actual Property CHASE BANK | Delano, CA | 2 EXECUTIVE SUMMARY PROPERTY INFORMATION TENANT OVERVIEW AREA OVERVIEW • Offering Summary • Investment Highlights Lease Summary, Rent Schedule & Abstract -- OFFERING SUMMARY -- INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW Offering Price: $1,923,000 Address: 917 Main Street & 918 High Street Delano, CA 93215 Net Operating Income: $120,192 Building Size: 9,600 Sq. Ft. Cap Rate: 6.25% (6.72% Cap in March 2021) Lot Size (2 Parcels): 37,460 Sq. Ft. Price/SF: $200.31 038-190-15-00-5 APN: Lease Type: Triple-Net (NNN) 038-190-16-00-8 57,000 CARS PER DAY Ownership: Fee Simple (Land, Building) Year Built: 1996 Lee & Associates is pleased to exclusively offer for sale the fee simple interest (land & building) in a Chase Bank property located in the City of Delano, CA (the “Property”).