2648 Watt Ave
Sacramento, CA 95821
Auction:8/21 - 8/23: Union Bank Plaza · Retail Property For Sale

Investment Highlights: * Excellent Anchor Tenant Starbucks just renewed their lease and provides a terrific draw into the center. It has outstanding visibility from the signalized intersection of Watt Ave & Kings Way. The location of the Starbucks is ideal because of the high foot traffic due to the AT&T Corporate Campus * High Traffic Intersection: Located on the Northeast corner of Watt Ave and Kings Way, UB Plaza has great visibility at the busy signalized intersection. Watt Ave is one of the major South-West Corridors that connects Interstate 80 to Highway 50. The traffic count at the intersection is 49,103 * High-Density Well Established Trade Area: Watt Ave is located in the heart of a high density, well-established trade area. The estimated population within 1 and 3 miles is 20,279 and 131,121 respectively. The property is located just north of Super Wal-Mart * Low Lease Rates: Not only is the center the most visible multi-tenant retail center at the intersection, it also has very competitive rents that will continue to attract tenants. All of the tenants in the center are paying rent that is realistic for a business to survive in this challenging market Investment Overview: Union Bank Plaza is located in Sacramento, California. The property is located on Watt Avenue, one of the major north/south thoroughfares through Sacramento and located directly across the street from AT&T' s 745,000 square foot campus which houses staffing and employment office for all of northern California. Union Bank Plaza is located in the Arden-Arcade neighborhood of Sacramento, California. Arden-Arcade is one of the most densely developed residential and commercial suburban areas in Sacramento with virtually no infill sites available for future development.