Kidder Mathews is pleased to present an Exclusive Investment Offering for a single tenant bank building located on a significant piece of real estate in San Diego. The property is located at 7404 Jackson Drive, San Diego,
CA 92119 (“Property”). The Property is currently leased to Bank of America (“Tenant”).
 

7404 Jackson Drive provides an investor the opportunity to acquire a 8,203 square foot building on 30,056 square feet of land.
 

The Property is absolute net leased to Bank of America. The lease includes four, five-year renewal options. The 2019 Net Operating Income (NOI) is $227,400.

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Investment Highlights

• 2018 deposit base: $115 Million

• The property features future development potential

• 2% - 5% annual rent increases

• Visible to over 16,000 vehicles per day in front of the Property