2460 Watt Ave
Sacramento, CA 95825
US Bank · Retail Property For Sale
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Drive Thru
About 2460 WATT AVE , SACRAMENTO, CA 95825
US Bank is located at the hard corner of one of the busiest intersections in Sacramento, CA. Built in 1982, the subject property is an approximate 8,070-square-foot two-story building on +/- .5876 acres of land. The ûrst ûoor is utilized as a bank branch and the second ûoor is used for administrative ofûces. The tenant has occupied the property since 1991. The previous ten year triple-net (NNN) lease commenced in January 2007 and was recast for 11 years and 3 months in July 2015 as an absolute triple net lease with tenant taking on ALL responsibilities of the property. There are ten percent rental increases every ûve years and two, ûve year renewal options at fair market rent. The bank is an outparcel to Country Club Plaza Mall, a 315,588 square-foot mall that includes WinCo Foods (opening this summer), Cinema West Movie Theater, Planet Fitness (coming Fall 2016) and many others. There are 354,000+ residents and 140,800+ households within a five mile radius of the property. The average household income is $71,625 within a 3-mile radius.
Property Taxes
| Parcel Number | 281-0011-001 | Improvements Assessment | $5,249,930 |
| Land Assessment | $258,856 | Total Assessment | $5,508,786 |
Property Taxes
