Citibank - Los Angeles MSA
Los Angeles MSA
Marketing description
THE OFFERING
Equity Investment Advisors is pleased to offer for sale an absolute NNN leased investment with 1.5% annual rental increases. The property is leased to Citibank N.A., a wholly owned subsidiary of Citigroup (NYSE: C). Citibank exercised its first five (5) year option early exhibiting its commitment to this location.
THE MARKET
Prominently located on East Arrow Highway, a major east-west thoroughfare, this site benefits from excellent visibility and direct frontage. The branch is adjacent to a CVS pharmacy anchored shopping center, amid an upper middle-class community. The surrounding community is home to over 300,000 people with an average household income of $120,000, within a 5-mile radius. The asset resides in the affluent city of Glendora, located 23 miles east of downtown Los Angeles.
Investment highlights
Investment Grade Tenant with S&P Rating of A+
Absolute NNN, No LL Responsibilities
$130M (2024) in Branch Deposits
Located in Los Angeles MSA
Tenant Replaced the Roof in January 2026
Situated in a CVS Anchored Shopping Center
Established Long Term Branch
Tenant Exercised First Option Early Exhibiting a Commitment to Location
Densely Populated Area - 300k Residents within a 5-Mile Radius
AHHI of Over $120,000 within a 5-Mile Radius
Listing Contacts
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