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2460 Watt Ave
Sacramento, CA 95825
US Bank · Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Bank
Building Size
8,070 SF
Building Class
C
Year Built
1960
Tenancy
Single
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.32
Lot Size
0.58 AC
Zoning
SC
Parking
55 Spaces (8.89 Spaces per 1,000 SF Leased)
Frontage
317’ on El Camino Ave

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

Property Taxes

Parcel Number
281-0011-001
Land Assessment
$258,856
Improvements Assessment
$5,249,930
Total Assessment
$5,508,786
  • Listing ID: 3770308

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 2460 Watt Ave, Sacramento, CA 95825

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