Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the fee simple interest in an 8,000SqFt Single Tenant Drive Thru building leased to U.S. Bank, located at the signalized intersection of Sunrise Boulevard at Greenback Lane, Citrus Heights, California. The Property is subject to a long-term Lease originating in 1971 and recently extended an additional Ten (10) year firm term reflecting the Tenant’s continued long-term commitment to the location. The Lease extends through December 31, 2035, with Four (4) five-year options. The Lease provides contractual annual rent increases equal to the greater of CPI or 4%, providing a built-in hedge against inflation and supporting long-term income growth. Rental income increases from $560,526 in 2025 to $829,715 in 2035. The Lease is an absolute triple-net structure with zero landlord responsibilities and is backed by a corporate guarantee from U.S. Bancorp (Operating as U.S. Bank). The location demonstrates strong bank operating performance, ranking it in the top 93rd percentile nationwide by Placer.ai, with over $264 million in total deposits, supporting long-term tenant viability and reinforcing the location’s importance within the tenant’s branch network. The Property is part of a Reciprocal Easement Agreement to the Sunrise Tomorrow Specific Plan providing for a mixed-use redevelopment to include housing, retail, hotels and a 160,000sf sports and entertainment venue.