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US Bank and Animal Urgent Care | Rocklin, CA 2303 Sunset Blvd 6,122 SF 100% Leased Retail Building Rocklin, CA 95765 $3,940,000 ($643.58/SF) 5.75% Cap Rate
INVESTMENT HIGHLIGHTS
- Two-Tenant Drive-Thru Equipped-U.S. Bank and Animal Urgent Care of Rocklin
- Animal Urgent Care of Rocklin | Brand New 10-Year Lease with 3% Annual Increases
- Affluent Six-Figure Income Demographics – Over $160,000 in 3-Mile Radius
- Over 16 Years Remaining on the Corporate Guaranteed Lease
- Positioned at a Signalized Intersection with 25,500 Cars Per Day
- Other Nearby National/Credit Tenants Include Safeway, Costco, Target, The Home Depot, Winco Foods, Chipotle, and more
EXECUTIVE SUMMARY
U.S. Bank (S&P: A+ | NYSE: USB)
Over 16 years remaining on the corporate guaranteed lease
10% rental increase in July 2026 and every 5 years thereafter
Drive-thru equipped to provide ease and convenience for customers
New relocation site in an established market
Excellent annual deposits of $180,288,000
Ranked 2nd in deposits for U.S. Bank in Placer County (2 out of 11)
Animal Urgent Care of Rocklin
Brand new 10-year lease with 3% annual increases
Established emergency veterinarians in the trade area with over 25 years of combined experience
Positioned at a Signalized Intersection with 25,500 Cars Per Day
Excellent Visibility and Access with a Large Monument Sign on Sunset Boulevard
Shadow-Anchored by Bel Air (Raley’s) Grocery Center that includes Taco Bell, Concentra Urgent Care, and more
Other Nearby National/Credit Tenants Include Safeway, Costco, Target, The Home Depot, WinCo Foods, Chipotle, and more
Affluent Six-Figure Income Demographics – Over $160,000 in 3-Mile Radius
Average home value in excess of $740,000 in 5-mile trade area
Rocklin named one of the top 50 best places to live in America
Excellent population growth of more than 20% (3-mile, 2010-2020)
PROPERTY FACTS
AMENITIES
- Banking
- Corner Lot
- Signage
- Signalized Intersection
- Drive Thru
- Monument Signage
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Animal Urgent Care
- Services
- -
- -
- Mar 2035
-
- Finance and Insurance
- -
- -
- Jun 2041
Since the Lincoln administration signed their national bank charter No. 24 in 1863, they’ve drawn on their financial strength to serve customers. This has been especially evident in times of need, such as during the COVID-19 pandemic. Their response by the end of 2020 included a $20 million premium pay program for their employees, relief assistance and 108,000 Small Business Administration Paycheck Protection Program (PPP) loans for their customers, and $30 million in expedited charitable contributions for their communities. As a result, they’re proud to have been named the most essential bank amid the pandemic in a ranking by The Harris Poll. They also recognize that this past year has fundamentally changed banking by accelerating the shift to digital products and services. They’re positioned well for this future, having launched new tools – like the U.S. Bank Smart Assistant™ – to complement their 26-state branch footprint.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Animal Urgent Care | Services | - | - | Mar 2035 | ||
|
|
Finance and Insurance | - | - | Jun 2041 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 369-110-012 | Improvements Assessment | $0 |
| Land Assessment | $416,160 | Total Assessment | $416,160 |
PROPERTY TAXES
Presented by
US Bank and Animal Urgent Care | Rocklin, CA | 2303 Sunset Blvd
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