Charles Dunn Co. Arranges $3.9 Million Sale of Single-Tenant Chase Bank in California

Northridge, Calif.  — Charles Dunn Co. has arranged the $3.9 million sale of a 6,000-square-foot single-tenant, triple-net-leased property occupied by Chase Bank in Northridge.

Kyle Gulock and Jason Cope of Charles Dunn Co. represented the seller, Balboa Plaza Investments LLC, in the sale of the property to RBS Investments LLC. The transaction closed at a capitalization rate of 4.7 percent.