Bank

Wells Fargo

Listing Price: $4,375,000

Cap Rate
4.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
8.70
Gross SF
7,494
Guarantor
Corporate Guarantee
Rentable SF
7,494
Price/Gross SF
$583.80
Lease Type
Ground Lease
Rent Per Square Feet
$23.35

Investment Overview

Marcus & Millichap is pleased to present a rare opportunity to acquire a corporate backed Wells Fargo Bank branch in the heart of Orange County. Wells Fargo has been committed to to this site since 1979 and recently extended their lease for another 10 years through a fair market value option. This branch has been enormously successful since its opening and deposits have consistently gone up and now exceed 240 million, making it one of the top performing bank branches in California.

Investment Highlights

  • Wells Fargo Bank Absolute NNN Ground Lease
  • New 10 Year Lease Extension
  • Prime Orange County Location
  • Over 240 Million in Deposits
  • 15% Increases in Options

Exclusively Listed By

Listing Price: $4,375,000

Cap Rate
4.00%
Tenant Name
Wells Fargo
Years Remaining On Lease
8.70
Gross SF
7,494
Guarantor
Corporate Guarantee
Rentable SF
7,494
Price/Gross SF
$583.80
Lease Type
Ground Lease
Rent Per Square Feet
$23.35

Investment Highlights

  • Wells Fargo Bank Absolute NNN Ground Lease
  • New 10 Year Lease Extension
  • Prime Orange County Location
  • Over 240 Million in Deposits
  • 15% Increases in Options

Investment Overview

Marcus & Millichap is pleased to present a rare opportunity to acquire a corporate backed Wells Fargo Bank branch in the heart of Orange County. Wells Fargo has been committed to to this site since 1979 and recently extended their lease for another 10 years through a fair market value option. This branch has been enormously successful since its opening and deposits have consistently gone up and now exceed 240 million, making it one of the top performing bank branches in California.

Exclusively Listed By

MM Texture Background
MM Textured Background Lower