4332 Watt Ave - Freestanding FOR SALE


North Highlands, CA 95660
$2,800,000 USD
949-698-1115
4332 Watt Ave, North Highlands, CA for Sale
$2,800,000 USD
Freestanding - FOR SALE
1/13
null | 5.21% Cap Rate

4332 Watt Ave
North Highlands, CA 95660


HIGHLIGHTS

  • Three-Tenant Offering | NNN Leases | Drive-Thru Equipped |Starbucks Early Renewal & Remodel, Over 11 Years Remaining
  • Signalized, Hard Corner Intersection | Excellent Visibility |Direct Access to Interstate 80 (220,500 VPD)
  • Nearby Walmart Supercenter | National/Credit Tenants |Adjacent to IRS & DEA Office Buildings

OVERVIEW

SRS National Net Lease Group is pleased to offer the opportunity to acquire the fee simple interest (land and building ownership) in a 100% occupied, three-tenant, e-commerce resistant, retail strip investment property located in Sacramento, California. The offering features a strong, food services-based tenant line up of Starbucks (S&P: BBB+), Phat Jerry’s Phillies, and Louisiana Famous Fried Chicken. All current tenants operate under NNN leases, limiting expense leakage for a future investor. Additionally, Starbucks is equipped with an end-cap drive-thru lane, which provides ease and convenience for customers. Furthermore, Starbucks recently completed remodeling its interior with over $1.2 million improvement at its own expense, demonstrating a strong commitment to the subject site.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$622 USD /SF

CAP RATE

5.21%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks Shops | NNN Lses | Early Renewal

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

Retail Commercial

APN/PARCEL ID

240-0232-063

ASK ABOUT THIS PROPERTY

Patrick LutherSRS National Net LeaseMore Info
949-698-1115

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Patrick LutherSRS National Net LeaseMore Info
949-698-1115

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