Bank of America

  • Deposits Over $245 Million – Strong Bank Branch Location
    • Only Bank of America Branch Location in Beaumont
    • Next Closest Branch Location is in Yucaipa and Moreno Valley
  • Deposits have Increased 70% in Last 5 Yrs. ($75M in 2017 to $245M in 2022)
  • Absolute NNN Fee Simple Ground Lease
    • 5 Yrs. Remaining in Primary Term – Four 5 Yr. Option Periods
    • Bank of America Built and Owns their Building
  • Bank of America (NYSE: BAC) – Investment Grade Credit (S&P: A+ & Moody’s: Aa2)
  • Outparcel Location Adjacent to The Home Depot, Walmart Supercenter, Albertsons, Best Buy, Ross, Hobby Lobby, and ALDI
  • Excellent Southern CA Location – Riverside County Population Exceeding 2.4 Million
  • Rent Increases Every 5 Years – 95% Fair Market Rent Value
  • 5,405 SF Building on 0.88 Acre Pad – 140,000 VPD Hard Corner Signalized Intersection
  • Demographics – 88,977 Residents within a 5 Mile Radius
Snyder Carlton National Net Lease Team
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