1990 41ST AVE Capitola CA 95010-2507

Part Of A California Chase Bank Portfolio

Click Here For Full Portfolio Information

TOTAL PORTFOLIO

Sites: Eleven (11)

Asking Price: $47,184,966

Cap Rate: 4.77%

NOI: $2,252,117

Lease Exp: 10/1/2025

Options: Four (4) Five (5) Year Options @ FMV

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Capitola| Chase Bank | Absolute NNN Investment Opportunity

Click Here For Capitola Offering Memorandum

CHASE (Capitola) - 1990 41st Avenue, Capitola, CA

Asking Price: $3,379,000

Cap Rate: 4.50%

NOI: $152,055

Branch Deposits: $163.7 Million

Lease Exp: 09/30/2025

Options: Four (4) Five (5) Year Options

• Secure Investment Grade Tenant I Recent Extension | Strong Deposits
• Absolute NNN Lease I Zero Landlord Responsibilities
• Tremendous California Coastal Location
• Highly Affluent Trade Area Demographics
• Strong Real Estate Fundamentals

FOR SALE BY INSTITUTIONAL OWNER WITH CHASE AS TENANT

[Executive Summary]

Total Sites: Eleven (11)

Asking Price: $47,184,966

Cap Rate: 4.77%

NOI: $2,252,117

Lease Expiration: 10/01/2025

Options: Four (4) Five (5) Year Options @ FMV

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Individual CREXi Postings

1) San Francisco

2) Santa Cruz

3) Capitola

4) Martinez

5) Sacramento

6) Orange

7) San Bernardino

8) Garden Grove

9) Sun City

10) Fresno

11) Pico Rivera

• SECURE INVESTMENT GRADE TENANT (S&P RATING: A +)
• RECENT FIVE (5) YEAR EXTENSIONS
• EASE OF MANAGEMENT | ABSOLUTE NNN LEASES, ZERO LANDLORD RESPONSIBILITY
• STRONG REAL ESTATE FUNDAMENTALS