6154 Florin Rd Sacramento, CA 95823

Listing agency Marcus & Millichap - Seattle

Listed by Hank Wolfer · License #WA 110547

Source Crexi

Added: Apr 11 Updated: Jul 21 at 2:47AM Checked: Jul 21 at 2:47AM

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Investment Insights

Based on property information with market context.

Fee-simple ownership of a California check cashing retail property with continuous operation for more than 23 years. The tenant has extended its lease on four separate occasions, and most recently executed an early three-year lease extension with additional renewal options, reflecting continued commitment to the location. The lease includes 3% annual rent increases that are set to begin in January 2025.

The property is situated off Florin Road on a hard corner lot at a signalized intersection. It is exposed to over 36,000 vehicles passing daily, providing consistent visibility for street-facing retail activity.

Key Highlights

• Fee‑simple retail property in Sacramento, operating as a check cashing business for 23+ years
• Tenant has extended the lease four separate times, including a recent early 3‑year lease extension
• Recent lease extension includes multiple renewal options and a 3% annual rent increase starting January 2025

Property Analytics

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FAQs

What type of property is this?

Bank - Fee-simple retail property with long-term check cashing operation on a hard corner at a signalized intersection.

Where is this bank located?

The property is located at 6154 Florin Rd Sacramento, CA.

What are key features of this property?

This property features: Fee‑simple retail property in Sacramento, operating as a check cashing business for 23+ years; Tenant has extended the lease four separate times, including a recent early 3‑year lease extension; Recent lease extension includes multiple renewal options and a 3% annual rent increase starting January 2025