6221 Graham Hill Rd - Bank FOR SALE


Felton, CA 95018
$2,700,000 USD
619-507-1275
6221 Graham Hill Rd, Felton, CA for Sale
$2,700,000 USD
Bank - FOR SALE
1/13
null | 6.11% Cap Rate

6221 Graham Hill Rd
Felton, CA 95018


HIGHLIGHTS

  • Net-leased single-tenant U.S. Bank located at the signaled intersection of Graham Hill Road and Mt Herman Rd, the primary arteries into the entire San
  • This U.S. Bank branch benefits from minimal competition, with only one other full service bank in the San Lorenzo Valley.
  • Well-built and maintained pride-of-ownership building with over $1M in building and systems improvements (2006), Duralast Roof (2013), newly paved par
  • Opportunity to increase net operating income by leasing the 1,260 square foot vacancy. U.S. Bank currently occupies only 5,116 square feet of the 6,40
  • Founed over 161 years ago, U.S. Bancorp has more than 70,000 employees and $680 billion in assets as of June 30, 2024. in 2023, the company ranked 149

OVERVIEW

Marcus & Millichap is pleased to present, as the exclusive agent for the seller, this net-leased U.S. Bank located in Felton, CA's Felton Faire Shopping Center. The property is strategically located at the signaled corner of Graham Hill Road and Mount Herman Road, the primary arteries into the entire San Lorenzo Valley (23,269 residents with median household income of $122,261). The bank is positioned on an out-parcel to the Safeway and CVS anchored shopping center which is the prime shopping center for the San Lorenzo Valley (Boulder Creek, Ben Lomond and Felton) The most recent traffic count is 30,106 ( per ESRI).

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$423 USD /SF

CAP RATE

6.11%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

U.S. Bank Branch

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

C-2-GH

APN/PARCEL ID

071-331-07-000

ASK ABOUT THIS PROPERTY

Adam AttiaMarcus & MillichapMore Info
619-507-1275

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Adam AttiaMarcus & MillichapMore Info
619-507-1275

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.