Bank of the Sierra
5.90% Cap Rate | NNN | Nine-Figure Deposits
Investment highlights
Bank of the Sierra (NASDAQ: BSRR) maintains an investment-grade credit rating (BBB+ from Kroll Bond Rating Agency)
Long-term lease through December 2041
Proven operating history spanning multiple decades
Absolute NNN – No landlord responsibilities
2.25% annual rental escalations
Deposits for this location exceed $108,000,000
Located along West Lacey Boulevard (18,000 VPD)
Minutes from State Route 198 (38,000 VPD) & directly adjacent to the Hanford Amtrak Station
Positioned near Hanford Mall, which is occupied by Cinemark, Kohl’s, Bath & Body Works, Footlocker, and Urban Air Trampoline Park Proximity to Hanford West High School and Adventist Health Hospital
Nearby retailers include The Home Depot, Lowe’s, Target, ALDI, Walmart Supercenter, Old Navy, Marshalls, Michaels, PetSmart, Harbor Freight, and many others
Approximately 72,000+ residents within a five-mile radius
Average household income exceeds $90,000 within five miles
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