US BANK DRIVE THRU

Absolute NNN Credit Tenant Income

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 $582,947 in 2026 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).

• S&P A-Rated U.S. Bancorp Lease (NYSE: USB) – Corporate backed credit tenant
• Absolute NNN Cash Flow – 4% annual rent increases with zero landlord responsibilities; inflation-protected growth
• High-Performing Location – $264M+ in total deposits; ranked in the 93rd percentile nationwide (Placer.ai)
• Sunrise Sports Center Redevelopment – Entitlements approved for a 100-acre mixed-use project https://www.citrusheights.net/1009/Sunrise-Tomorrow-Specific-Plan
• Long-Term Income – ±9.6 years remaining with (4) five-year extension options
• Strong Rent Growth – Increases from $582(26') to $829K(35')
• Dominant Retail Location – Signalized intersection of Sunrise Blvd & Greenback Ln within the core Citrus Heights corridor
• Catalyst Sports & Entertainment Development – Proposed 160,000 SF Sunrise Sports Center featuring a 4,000-seat arena