Bank
U.S. Bank
6221 Graham Hill Rd, Felton, CA 95018
Listing Price: $2,700,000
Investment Overview
Marcus & Millichap is pleased to present, as the exclusive agent for the seller, this net-leased U.S. Bank located in Felton, CA's Felton Faire Shopping Center. The property is strategically located at the signaled corner of Graham Hill Road and Mount Herman road, the primary arteries into the entire San Lorenzo Valley (23,269 residents with median household income of $122,261). The bank is positioned on an out-parcel to the Safeway and CVS anchored shopping center which is the prime shopping center for the San Lorenzo Valley (Boulder Creek, Ben Lomond and Felton) The most recent traffic count is 30,106 ( per ESRI).
U.S. Bank
Investment Highlights
- Net-leased single-tenant U.S. Bank located at the signaled intersection of Graham Hill Road and Mt Herman Rd, the primary arteries into the entire San Lorenzo Valley
- This U.S. Bank branch benefits from minimal competition, with only one other full service bank in the San Lorenzo Valley.
- Well-built and maintained pride-of-ownership building with over $1M in building and systems improvements (2006), Duralast Roof (2013), newly paved parking lot (2023) and exterior paint (2024)
- Increase net operaitng income by leasing the 1,260 square foot vacancy. U.S. Bank currently occupies only 5,116 square feet and reimburses landlord for 4/5 of expenses.
- Founed over 161 years ago, U.S. Bancorp has more than 70,000 employees and $680 billion in assets as of June 30, 2024. in 2023, the company ranked 149th on the Fortune 500. U.S. Bank has over 2,000 branches in 26 states, and also has over 4,700 ATMs nationwide.
Exclusively Listed By
Listing Price: $2,700,000
Investment Highlights
- Net-leased single-tenant U.S. Bank located at the signaled intersection of Graham Hill Road and Mt Herman Rd, the primary arteries into the entire San Lorenzo Valley
- This U.S. Bank branch benefits from minimal competition, with only one other full service bank in the San Lorenzo Valley.
- Well-built and maintained pride-of-ownership building with over $1M in building and systems improvements (2006), Duralast Roof (2013), newly paved parking lot (2023) and exterior paint (2024)
- Increase net operaitng income by leasing the 1,260 square foot vacancy. U.S. Bank currently occupies only 5,116 square feet and reimburses landlord for 4/5 of expenses.
- Founed over 161 years ago, U.S. Bancorp has more than 70,000 employees and $680 billion in assets as of June 30, 2024. in 2023, the company ranked 149th on the Fortune 500. U.S. Bank has over 2,000 branches in 26 states, and also has over 4,700 ATMs nationwide.
Investment Overview
Marcus & Millichap is pleased to present, as the exclusive agent for the seller, this net-leased U.S. Bank located in Felton, CA's Felton Faire Shopping Center. The property is strategically located at the signaled corner of Graham Hill Road and Mount Herman road, the primary arteries into the entire San Lorenzo Valley (23,269 residents with median household income of $122,261). The bank is positioned on an out-parcel to the Safeway and CVS anchored shopping center which is the prime shopping center for the San Lorenzo Valley (Boulder Creek, Ben Lomond and Felton) The most recent traffic count is 30,106 ( per ESRI).
Exclusively Listed By
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