Kidder Mathews is pleased to present an Exclusive Investment Offering for a single-tenant bank building located on an outparcel pad to Target anchored center. The property is located a 9090 Central Avenue, Montclair, CA 91763 (“Property”). The Property is currently leased to U.S. Bank (“Tenant”).

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9090 Central Avenue provides an investor the opportunity to acquire a 4,171 square foot building on 33,977 square feet of land. The parcel is located on the west side of Central
Avenue.
 

The Property is absolute net leased to U.S. Bank. A 10-year extension was executed in 2015. The February 2020 Net Operating Income (NOI) is $275,286.

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Investment Highlights

• 2018 deposit base: $57 Million

• Pad to shopping center anchored by Target, 99 Cents Only, Best Buy and Gold’s Gym

• Hard corner signalized intersection with significant traffic counts