JohnHart Commercial
Listed by JohnHart Commercial
$6,880,000
Chase Bank
Details
APN 149-321-03
Property Type Retail
Sub Type Bank
Square Footage 3,130
Units 1
Cap Rate 3.6%
NOI $247,500
Occupancy 100%
Tenancy Single
Brand/Tenant Chase Bank
Lease Type Absolute NNN
Lease Term 15
Lease Expiration 07/03/2032
Remaining Term 6
Rent Bumps Yes
Lease Options Three (3) Five-Year Options and four years, 11 month
Price per SqFt $2,198
Class A
Year Built 2017
Buildings 1
Stories 1
Zoning CG-CZ
Parking Spaces 22 spaces
Parking Per SqFt 7.03
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Lease Commencement 07/04/2017
Occupancy Date 07/03/2017
Ground Lease No
Absolute NNN | 37.5% Deposit Growth | 3.60% CAP (3.96% Yield-Up)
Marketing description
Rare opportunity to acquire a Trophy Huntington Beach Orange County CA Triple-Net (NNN) asset. This 2017 Build-to-Suit is leased to JPMorgan Chase Bank, N.A. and serves as a high-performance deposit hub with a dominant market share. A scheduled rent increase takes effect next year (3.96% CAP). Perfect for buyers seeking 1031 exchange, absolute capital preservation and institutional-grade credit.
- Investment-Grade "Blue Chip" Tenancy (S&P: AA-): Guaranteed by JPMorgan Chase (NYSE: JPM), the largest bank in the U.S. This asset provides a "bond-like" income stream with the highest level of corporate security available in the net-lease market.
- Passive Absolute NNN Lease Structure: Zero landlord responsibilities. Tenant is responsible for 100% of taxes, insurance, and all maintenance (including roof and structure), making this a perfect "hands-off" wealth preservation vehicle for 1031 exchange investors.
- Inflation Hedge with 10% Rent Escalations: The lease features fixed 10% rent increases next year, providing a built-in hedge against inflation and guaranteed growth in both Cash-on-Cash return and future resale value.
- Dominant "Mission-Critical" Performance: This branch features explosive 37.5% deposit growth over the last 24 months. This elite performance proves the site's strategic importance to Chase, ensuring an exceptionally high probability of long-term renewal.
- Full Fee Simple Ownership with Massive Tax Benefits: Ownership includes both land and the 2017-built structure. This allows the buyer to utilize 100% Bonus Depreciation (permanently restored via the OBBBA) to potentially write off in the first year of ownership.
- Prime 2017 Build-to-Suit Construction: A modern, custom-built prototype on a high-visibility signalized corner. Total intersection volume ranges from 45,000 to 60,000 VPD. The specialized infrastructure (drive-throughs and secure vaults) creates a high barrier to exit, as relocating would be prohibitively expensive for the tenant.
Investment highlights
Current 3.60% cap increases to 3.96% in July 2027 via a scheduled 10% rent bump.
Listing Contacts
JohnHart Commercial
Listed by JohnHart Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$247,500.00
$20,625.00/mo
Valuation Metrics
0
DSCR
3.6%
Cap Rate
3.6%
ROI
Map
Zoning
CG-CZ OverlayCommercial General Coastal Zone Overlay
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View all 92 uses
View all 92 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
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