Bank of America - Rancho Cordova, CA

Jones Lang LaSalle (“JLL”), as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in the Bank of America (the “Property”) located in Rancho Cordova, CA (Sacramento MSA). The Property is situated within Cordova Village, a neighborhood retail center anchored by a high-performing Safeway store generating nearly $700 per square foot in sales. The Property also benefits from its strategic placement next to a regional-draw Walmart, ensuring consistent foot traffic. Located just 10 miles east of downtown Sacramento, Rancho Cordova is one of the fastest growing communities in California. Bank of America (the “Tenant”) has been at this location for nearly 25 years and carries over $250 million in deposits at this branch. Additionally, this branch ranks in the 88th percentile of most frequented Bank of America locations nationally. The Tenant operates on a NNN lease with 5-years of remaining term and an additional 5-year renewal option, and a corporate guaranty from Bank of America (S&P: A-), the second largest bank in the nation. This offering provides investors with an outstanding opportunity to acquire a premier retail asset occupied by an investment grade tenant coupled with irreplaceable real estate fundamentals in a core California market.