3311 Power Inn Rd - Restaurant FOR SALE


Sacramento, CA 95826
$2,850,000 USD
888-927-9970
3311 Power Inn Rd, Sacramento, CA for Sale
$2,850,000 USD
Restaurant - FOR SALE
1/12
null | 5.95% Cap Rate

3311 Power Inn Rd
Sacramento, CA 95826


HIGHLIGHTS

  • Recently extended leases
  • Strong Daytime Population: Workers, Employees, Residents: Over 215,000 in 3miles to 579,000 in 5miles
  • Heavy commercial corridor with over 50k+ vehicles per day pass the site; 1mi to over 190k+ ADT at 50 & Power Inn Rd./Howe Ave exit
  • ±1.5 mile to CSUS (California State University Sacramento – over 31,000 students)
  • Additional weekend traffic generated by city owned 80ac park, consisting of multiple soccer fields and home to Sac United Soccer
  • Opportunity Zone - Potential Tax Benefits

OVERVIEW

3311 Power Inn Rd, Sacramento, CA presents a lucrative, and stabilized investment opportunity with a 100% leased retail center featuring a drive-thru and three established tenants in place. Kikis Chicken, Flying Wok, and Agave Mex bring a diverse range of dining options to this bustling location. With a proforma cap rate of 5.95% and a proforma NOI of $169,780, this property offers a stable income stream and potential for growth. Situated in Central Sacramento, the property benefits from a high-traffic location near major freeways, drawing over 50,000 cars daily. The area's robust commercial submarket ensures a steady flow of customers, complemented by strong daytime population from over 579,000 workers, employees, and residents within a 5-mile radius. Additionally, the property's proximity to public transportation and the Granite Regional Office Park further enhances its appeal. Don't miss out on this ideal investment opportunity in a thriving commercial hub.

FOR SALE DETAILS

PRICE

$2,850,000 USD

PRICE/SF

$376 USD /SF

CAP RATE

5.95%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Granite Retail Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2002

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.88 AC

LAND SF

38,333 SF

ZONING

C2 U

APN/PARCEL ID

079-0430-001

ASK ABOUT THIS PROPERTY

Jeff ClarkClark Commercial Real EstateMore Info
888-927-9970

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Jeff ClarkClark Commercial Real EstateMore Info
888-927-9970

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