By Sara Beth Williams–
A standalone parcel that houses U.S. Bank at the corner of Sunrise Boulevard and Greenback Lane has been listed for sale for $10.3 million, adding another piece of the larger Sunrise Mall area to the market as redevelopment plans continue to move forward.
The 8,000-square-foot building, located at 6199 Sunrise Mall Road, sits on approximately 0.93 acres and is occupied by U.S. Bank under a long-term lease that was recently extended for an additional 10 years, according to the listing. The property was built in 1972 and includes a drive-thru and 60 parking spaces.
The listing, marketed by Marcus & Millichap, highlights the property’s location at one of Citrus Heights’ busiest intersections and notes that the site is subject to a reciprocal easement agreement connected to the Sunrise Tomorrow Specific Plan, the city’s long-term vision for transforming the aging mall area into a mixed-use district with housing, retail, hospitality, entertainment and other uses.
The US Bank has signed a lease through 2035, with four optional 5-year extensions, the listing shows.
The sale of the parcel comes about two years after city leaders approved a subdivision of the bank parcel that was to pave the way for a future hotel development adjacent to the property.
In June 2024, the Citrus Heights City Council unanimously approved a tentative parcel map creating two separate parcels from what had previously been a single property.
Under the approved map, the existing U.S. Bank branch would remain on one parcel while a second parcel would be developed to accommodate a future hotel project. At the time, developers said they were pursuing a dual-branded hotel concept that could include 150 rooms. Specific development plans had not yet been submitted to the city.
City officials described the parcel split as an “important step” toward attracting new investment to the Sunrise Mall district. The subdivision approval did not authorize construction of a hotel but established the property configuration necessary for future development proposals to move forward.
According to the current real estate listing, the bank property’s connection to the broader Sunrise Tomorrow redevelopment effort is being marketed as a key selling point. The listing also references plans for a newly proposed Sunrise Sports Center, which is anticipated to be constructed to the east of the property.
The sports center will be a regional sports and entertainment complex envisioned as a catalyst project for redevelopment throughout the mall area.
The Sunrise Mall property itself is privately owned by multiple property owners, with various parcels surrounding the mall held separately.
The U.S. Bank branch remains open and operating at the site.
