6154 Florin
Sacramento, CA 95823
California Check Cashing - Corp Lease · Retail Property For Sale

Marcus & Millichap is proud to offer for sale fee simple ownership of the California Check Cashing property located off Florin Road in Sacramento, California. The property has continually operated as a check cashing business for over 23 years and the tenant extended their lease on four separate occasions. California Check Cashing recently executed an early 3 year lease extension while adding multiple options for renewal demonstrating a strong commitment to the location. The property benefits from its hard corner lot at a signalized intersection, exposed to over 36,000 vehicles passing daily. With 3% annual rent increases set to commence in January 2025, the property provides an investor a strong hedge against inflation for years to come.
Sacramento is the capital of California, home to near 2.5 million residents and the 7th largest world economy. It’s hailed as one of the most diverse and livable cities in America. Sacramento is a transportation hub, served by an air cargo airport, an international airport, a deep-water shipping port, two major Interstate freeways, freight and passenger rail lines and an extensive commuter bus and light-rail system. The city prides itself on its central location as it’s closer to Lake Tahoe than any other California metro area, close proximity to Napa Valley wine country, and near multiple national parks and seashores. The economy leans on agriculture, energy, technology, life science, health care and education. Sutter Health and Raley’s Corporation are headquartered in Sacramento, other top employers include Kaiser Permanente, Dignity Health and Intel.