Bank of America for Sale in Fremont, CA
Fremont, CA
Key Investment Metrics
Price
$4,124,000
Cap Rate
4.8%
Net Operating Income
$200,000
Building Size
4200 SF
Land Area
0.29 Acres
Remaining Term
14.4 years
Lease Expiration
11/30/2040
Lease Term
15 years
Lease Commencement
12/01/2025
Lease Type
Absolute NNN
Tenant Credit
Credit Rated
Year Built
1987
Occupancy
100%
Tenancy
Single
Rent Increases
10% every 5 years in base term; FMV in Options
Property overview
Bank of America in Fremont
Review the reported property and lease details, then request the supporting documents for your acquisition review.
- Building area
- 4,200 SF
- Land area
- 0.29 acres
- Year built
- 1987
- Lease type
- Absolute NNN
- Lease expiration
- 11/30/2040
Confirm current availability, pricing and lease terms through the inquiry form before relying on this listing.
Before you make an offer
Four things to verify
- 1
Lease and guaranty
Request the executed lease and amendments. Identify the legal tenant, guarantor and landlord obligations.
- 2
Income and expenses
Obtain the rent roll and operating statement supporting the advertised NOI and cap rate.
- 3
Property condition
Review survey, title, condition and environmental information relevant to this property.
- 4
Exchange requirements
For a 1031 exchange, confirm eligibility and deadlines with your qualified intermediary and tax adviser.