Bank of America 2245 North St

11,188 SF Retail Building Anderson, CA 96007 $695,000 ($62/SF)

Investment Highlights

  • Traffic count 10,500 cars per day
  • Excellent exposure and pylon sign
  • Former Bank of America Building on North Street in Anderson
  • Multi-Lane Drive-thru with long stacking lane
  • Open floorplan allows for customization for your use

Executive Summary

Almost 8.3% cap rate at below market rents! Former Bank of America building available for sale or lease on busy North Street in Anderson, CA. This 11,188 square foot standalone building has approximately 9,000 on the first floor and an additional 2,188 square feet available on the 2nd floor. The property includes an expansive parking lot and existing multi-lane drive-thru. Priced to sell at just $62/sf, or lease it for just $0.65/sf modified gross, that's less than industrial space! With asking rent, list price comes in just under 8.3% cap rate.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
11,188 SF
Building Class
C
Year Built
1975
Price
$695,000
Price Per SF
$62
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.69 AC
Zoning
Mixed Use Zoning - AND - C-1 - General Commercial, MU-C (Mixed Use Commercial)
Parking
71 Spaces (6.35 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 11,188 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 11,188 SF Retail - Now

1st Floor

Size
11,188 SF
Space Use
Retail
Position
-
Available
Now

Nearby Major Retailers

U.S. Bank
Tri Counties Bank
Starbucks
Anytime Fitness

PROPERTY TAXES

  • Listing ID: 30647165

  • Date on Market: 1/12/2024

  • Last Updated:

  • Address: 2245 North St, Anderson, CA 96007