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Bank of America

39355 Washington St, Palm Desert, CA 92211

  • For Sale $3,425,000
  • Property Type Retail
  • Property Size 3,515 SF
  • Lot Size 0.7 Acre
  • Year Built 2015
  • Date Updated Oct 14, 2021
  • Website

Single-Tenant Drive-Thru, Bank of America Absolute NNN Ground Lease

Corporate lease; zero landlord responsibilities

20-year primary lease term; 13 years remaining

Favorable 12% rental increases every 5 years including in the four 5-year options

Exceptional bank deposits; $122+ million at this location

Bank of America (NYSE: BAC; S&P: BBB+) is one of the world’s leading financial institutions with over 4,300 retail centers across all 50 states and 35 countries

#2 “Largest Banks in America” – MarketCap (2020)

#1 “Best Bank in the World” – Global Finance (2019)

Strategically Located Directly Across the Street from Sun City Palm Desert: 1,600-acre gated community featuring 5,000 homes and 9,000+ residents

Hard-Corner Signalized Intersection Location: Excellent exposure and visibility on Washington Street, one of the major North/South corridors in the Coachella Valley (42,500 cars per day)

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  • City Palm Desert, CA
  • Zip Code 92211
  • Market Inland Empire


Bill Asher

Hanley Investment Group

(844) 585-7684

Jeff Lefko

Hanley Investment Group

(949) 585-7682

Frequently Asked Questions

What is the total square footage of Bank of America?

Bank of America totals 3,515 square feet.

When was this property built?

Bank of America was built in 2015.

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