Investment Overview

Marcus & Millichap is proud to offer for sale fee simple ownership of the California Check Cashing property located off Florin Road in Sacramento, California. The property has continually operated as a check cashing business for over 23 years and the tenant extended their lease on four separate occasions. California Check Cashing recently executed an early 3 year lease extension while adding multiple options for renewal demonstrating a strong commitment to the location. The property benefits from its hard corner lot at a signalized intersection, exposed to over 36,000 vehicles passing daily. With 3% annual rent increases set to commence in January 2025, the property provides an investor a strong hedge against inflation for years to come. Sacramento is the capital of California, home to near 2.5 million residents and the 7th largest world economy.