Overview

Description

CBRE, as exclusive advisor, is pleased to offer for sale a leased fee Chase Bank located at 3600 El Camino in Sacramento, California. This approximate 6,348 square foot freestanding building, which is 100% leased to Chase, is located along one of the busy commercial cores of Arden-Arcade.

The Property sits on two legal parcels, spanning 1.2 acres with one parcel dedicated strictly to parking, at the southeast corner of El Camino Ave and Butano Dr. Situated in close proximity to the intersection of Watt Ave and El Camino Ave (±47,880 ADT), the Property is near affluent neighborhoods such as Arden Oaks and Arden Park. The tenant, Chase, recently renewed their term for five additional years.

Highlights

• High Deposit Location: This is a highest volume deposit location in Sacramento County.
• Recent Lease Renewal: With their recent renewal, Chase has 7 years remaining on their lease.
• Passive Investment: The leased fee portion of the ground lease offers a secure and passive investment.

Documents

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