Call For Offers Tues July 21st - Chase Bank Portfolio (California)

730 Ocean Street Santa Cruz, CA 95060

730 Ocean Street, Santa Cruz, CA, 95060
Orange CA 225 N Tustin
730 Ocean Street, Santa Cruz, CA, 95060 730 Ocean Street, Santa Cruz, CA, 95060 730 Ocean Street, Santa Cruz, CA, 95060 730 Ocean Street, Santa Cruz, CA, 95060
FOR SALE NNN Property
Property Type:
Single Tenant Retail (NNN)
Amount:
$47,184,966
Cap Rate:
4.77%
Last Verified:
Jul 15, 2020

Total Portfolio 11 branches

Asking Price - $47,184,966

NOI - $2,252,117

Lease Exp - 10/1/2025

Lease Option - Four (4) Five (5) year @FMV

Secure Investment Grade Tenant S&P Rating A+ 

Absolute NNN Leases ZERO Landlord Responsibility

San Francisco

Santa Cruz

Capitola

Martinez

Sacramento

Fresno

Sun City

San Bernardino

Garden Grove

Orange

Pico Rivera


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Map of 730 Ocean Street, Santa Cruz, CA, 95060

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.