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Bank

Chase Bank (Ground Lease)

3600 El Camino Ave, Sacramento, CA 95821

Listing Price: $2,856,600

Cap Rate
6.00%
Tenant Name
Chase
Years Remaining On Lease
6.0
Gross SF
6,348
Guarantor
Corporate Guarantee
Rentable SF
6,348
Price/Gross SF
$450.00
Lease Type
Ground Lease
Rent Per Square Feet
$27.00

Investment Overview

Marcus & Millichap is pleased to present for sale an Absolute NNN ground lease Chase Bank in Sacramento, California, located at 3600 El Camino Avenue. More specifically, the property is located along one of Arden Arcade's busiest thoroughfares, with traffic counts above 19,000 vehicles per day. Constructed in 1968, the property has been very well maintained and continues to perform exceptionally strong at this location. This Chase Bank location in particular has the highest volume of deposits ($364 Million) in Sacramento County based on the FDIC’s report date as of June 2023.

Located less than two miles from Highway 80 (148,000 VPD), this property benefits from a surrounding landscape enriched by residential dwellings, apartment complexes, and a plethora of national retailers. The population within a three-mile radius exceeds 133,000, extending to over 370,000 within a five-mile radius.

Arden Arcade, located in Sacramento, offers prime commercial real estate opportunities due to its strategic location and diverse demographics. With prominent retail destinations like Arden Fair Mall and well-developed infrastructure, businesses can tap into a steady flow of customers while enjoying access to essential amenities. The neighborhood's economic activity and adaptability make it an attractive destination for investors seeking long-term growth in the commercial sector.

A ground lease opportunity with Chase Bank offers stable, long-term income backed by a reputable financial institution, making it an attractive investment option with no management responsibilities. Additionally, the prime locations typically associated with Chase Bank branches ensure consistent foot traffic and sustained demand for the property.

This Chase Bank ground lease not only offers a passive investment opportunity but also includes a 0.75-acre parking lot at the rear. Spanning two legal parcels totaling 1.2 acres, the potential for further development is vast, providing endless opportunities for expansion and growth.

This Chase Bank ground lease presents a lucrative investment opportunity in a high-traffic location with strong deposit volumes and extensive development potential, offering investors an ideal blend of stability and growth prospects in Sacramento's thriving commercial real estate market.

Investment Highlights

  • Passive Investment: Absolute NNN Ground Lease
  • High Deposit Location: More than $364 Million (Highest in Sacramento County)
  • Strong Demographics: Population in excess of 370,000 within a 5-mile radius
  • Excellent Visibility: Traffic counts in excess of 19,000 vehicles per day
  • Investment Grade Tenancy (S&P: A+)

Exclusively Listed By

Bank

Chase Bank (Ground Lease)

Listing Price: $2,856,600

Cap Rate
6.00%
Tenant Name
Chase
Years Remaining On Lease
6.0
Gross SF
6,348
Guarantor
Corporate Guarantee
Rentable SF
6,348
Price/Gross SF
$450.00
Lease Type
Ground Lease
Rent Per Square Feet
$27.00

Investment Highlights

  • Passive Investment: Absolute NNN Ground Lease
  • High Deposit Location: More than $364 Million (Highest in Sacramento County)
  • Strong Demographics: Population in excess of 370,000 within a 5-mile radius
  • Excellent Visibility: Traffic counts in excess of 19,000 vehicles per day
  • Investment Grade Tenancy (S&P: A+)

Investment Overview

Marcus & Millichap is pleased to present for sale an Absolute NNN ground lease Chase Bank in Sacramento, California, located at 3600 El Camino Avenue. More specifically, the property is located along one of Arden Arcade's busiest thoroughfares, with traffic counts above 19,000 vehicles per day. Constructed in 1968, the property has been very well maintained and continues to perform exceptionally strong at this location. This Chase Bank location in particular has the highest volume of deposits ($364 Million) in Sacramento County based on the FDIC’s report date as of June 2023. Located less than two miles from Highway 80 (148,000 VPD), this property benefits from a surrounding landscape enriched by residential dwellings, apartment complexes, and a plethora of national retailers. The population within a three-mile radius exceeds 133,000, extending to over 370,000 within a five-mile radius. Arden Arcade, located in Sacramento, offers prime commercial real estate opportunities due to its strategic location and diverse demographics. With prominent retail destinations like Arden Fair Mall and well-developed infrastructure, businesses can tap into a steady flow of customers while enjoying access to essential amenities. The neighborhood's economic activity and adaptability make it an attractive destination for investors seeking long-term growth in the commercial sector. A ground lease opportunity with Chase Bank offers stable, long-term income backed by a reputable financial institution, making it an attractive investment option with no management responsibilities. Additionally, the prime locations typically associated with Chase Bank branches ensure consistent foot traffic and sustained demand for the property. This Chase Bank ground lease not only offers a passive investment opportunity but also includes a 0.75-acre parking lot at the rear. Spanning two legal parcels totaling 1.2 acres, the potential for further development is vast, providing endless opportunities for expansion and growth. This Chase Bank ground lease presents a lucrative investment opportunity in a high-traffic location with strong deposit volumes and extensive development potential, offering investors an ideal blend of stability and growth prospects in Sacramento's thriving commercial real estate market.

Exclusively Listed By

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