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31230478
31230479

21502 Brookhurst St, Huntington Beach, CA 92646

CW
CA 01839383
JohnHart Commercial
Listed by JohnHart Commercial
$6,880,000
96 days on market
Updated 46 days ago

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

CW
CA 01839383
JohnHart Commercial
Listed by JohnHart Commercial

Valuation Calculator

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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

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CG-CZ OverlayCommercial General Coastal Zone Overlay
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Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Caroll Wong
License
01839383
Brokerage
JohnHart Real Estate
Brokerage Phone
8182461099
Title
Broker Associate
Brokerage Address
330 North Brand Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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