Investing in NNN bank building is perfect defensive commercial real estate investment strategy, after the Covid that make bank building become one of the defensive investment target in the US.
Citi bank is a well-known and reputable financial institution that has been serving customers for over 200 years ;This is only branch in Chino Hills.
This branch is unique in that it operates under a triple net lease (NNN), which means that the tenant (Citi bank) is responsible for all expenses related to the property, including taxes, insurance, and maintenance.
Just signed first 5 year renewal terms with another three 5 years option to renew
Close to restaurants, and department store nearby. Closely located to 60 and 71 Freeways.
DO NOT DISTURB THE OCCUPANT; subject to inspection with an accepted Offer. Thank you for all your cooperation.
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