3603 MT DIABLO BLVD,LAFAYETTE, CA 94549

$ 7,228,571|Retail|3,928 ft²
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    3603 MT DIABLO BLVD,  LAFAYETTE, CA 94549
    Status:Active
    Price:$ 7,228,571
    Type:Retail
    Size:3,928 ft²

    BRAND NEW CHASE BANK

    Features
    • LONG TERM 15 YEAR NNN CORPORATE LEASE
    • NO LANDLORD RESPONSIBILITY
    • ONE STORY SINGLE TENANT BUILDING
    • CORNER LOCATION
    • AVERAGE (MEAN) HOUSEHOLD INCOME (1 MILE RADIUS) $170,493
    Remarks

    GROUND BREAKING NEWS! 
    CONSTRUCTION OF THE NEW CHASE BANK HAS STARTED!! EXPECTED TO BE COMPLETED BY JULY 2017.

    - CLICK ON "VIDEO" TAB TO VIEW CONSTRUCTION PROGRESS -


    CHASE BANK WILL BE INVESTING APPROXIMATELY 5 MILLION DOLLARS INTO THIS BRANCH LOCATION!


    CAP RATE: 3.5%

    1st Year NOI: $253,000
    10% Rental Increases every 5 Years
    Local CHASE Bank FDIC Branch Deposits (since June 2016): 111,767,000

    GROUND LEASE
    PARKING: 19 SPACES
    ZONING: SRB
    BUILDING SIZE: ± 3,928 SQFT
    LOT SIZE: ± 16,602 SQFT
    HIGH BARIER TO ENTRY

    Located in the heart of Lafayette's retail shopping area surrounded by flourishing business, 8 min walk / 3 min drive (0.7 miles) to Lafayette Bart station and easy access to Highway 24 off of 680 Interstate.

    *CLICK HERE TO VIEW MORE DETAILS AND DOWNLOAD PDF DOCUMENTS


    For information on acquisition financing please contact:
    Steven D. Stein, CalBRE: 01223526
    TAURO Real Estate Investment Services

    C: (213) 268-4006  |  E: sstein@tauroreis.com
    www.tauroreis.com

    Andrew's Bio

    Andrew Peceimer, Senior Commercial Real Estate Advisor, is one of the most successful commercial real estate brokers in the San Francisco Bay Area. During the past 20 years Andrew has assisted clients in the sale and lease of approximately 2,000 commercial transactions which have a combined worth of over 2 billion dollars. He has trained over 50 commercial real estate agents, and has received many prestigious awards in the field of commercial real estate. Coldwell Banker Commercial has awarded Andrew the “Circle of Distinction” every year. In 2003 Andrew was the top selling broker in the entire United States. His dedication to his clients is unparalleled.


     AREAS OF SPECIALIZATION:

    • Commercial Property Investment and Leasing Expert
    • Sale-Lease back Transactions (Nationwide)
    • 10313 Exchanges
    • Industrial, R&D, Retail, Sales & Leasing
    • Corporate Representation
    • Investment Advisory Service


    ACCOMPLISMENTS:

    • Sold and Leased over Two Billion Dollars of Commercial Property
    • Responsible for the closing of approximate 2,000 Real Estate Transactions
    • Consistently in top 1% of income producing agents in Coldwell Banker Commercial
    • Commercial Real Estate Class Instructor at the College of San Mateo and Stanford University
    • Successfully negotiated 25 year lease with Avis on an 86,000 Sq Ft facility valued at more than $26 Million
    • 2016 Top Producing Broker Platinum Award
    • 2015 Top Producing Broker Platinum Award
    • 2014 Top Producing Broker Platinum Award
    • 2013 Top Producing Broker Silver Award
    • 2012 Top Producing Broker Gold Award
    • 2012 CoStar Power Broker Award
    • 2011 CoStar Power Broker Award
    • 2011 CoStar Power Broker Award
    • 2010 Top Producing Broker Gold Award
    • 2009 Top Producing Broker Silver Award
    • 2008 Top Producing Broker Gold Award
    • 2007 Top Producing Broker Platinum Award
    • 2006 Top Producing Broker Gold Award
    • 2005 Top Producing Broker (Gold Award)
    • 2004 Top Producing Broker (Gold Award)
    • 2003 Top Producing Broker (Platinum Award)
    • 2002 Circle of Distinction Coldwell Banker Commercial
    http://www.3603MtDiabloBlvd.com
    Andrew Peceimer<br />Senior Commercial Real Estate Advisor

    Westbay Real Estate Group

    1575 Bayshore Highway
    Suite 100
    Burlingame, CA 94010

    (650) 344-4300

    BRE# 00993289

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