4845 Watt Ave - Storefront Retail/Office FOR SALE


North Highlands, CA 95660
$1,400,000 USD
916-705-8132
4845 Watt Ave, North Highlands, CA for Sale
$1,400,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | Request Cap Rate

4845 Watt Ave
North Highlands, CA 95660


HIGHLIGHTS

  • Prime Location: Signalized corner lot on Watt Ave with high traffic exposure.
  • Established Tenants: Subway, Curry Express, and Medcare Pharmacy.
  • Strong Footfall: High visibility ensures steady customer flow.
  • Excellent Connectivity: Less than 2 miles from Interstate 80.
  • Major Employment Hub Nearby: Adjacent to McClellan Park with 35,000+ employees.
  • Dense Residential Area: Surrounded by populous neighborhoods providing a built-in customer base.

OVERVIEW

This prime retail investment opportunity is situated at 4845 Watt Ave, North Highlands, CA. The property boasts a well-maintained 4,500 sq. ft. retail building on a spacious 29,620 sq. ft. parcel. Featuring established tenants such as Subway, SS Currey Express, and Medcare Pharmacy, this property guarantees steady footfall and consistent rental income. Positioned on a signalized corner lot with optimal visibility and over 41,000 average daily traffic (ADT) on Watt Ave, the property offers unparalleled access and exposure. Its proximity to Interstate 80, just under 2 miles away, enhances connectivity, making it an ideal location for businesses. The surrounding densely populated neighborhoods and adjacency to McClellan Park, a major employment hub, provide a built-in customer base and potential for continued growth. Listed at $1,400,000 ($311.11 PSF) with a 7.20% proforma cap rate, this investment promises both stability and profitability in a thriving commercial corridor.

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$315 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

SPA

APN/PARCEL ID

240-0550-066

ASK ABOUT THIS PROPERTY

Chase BurkeROME Real Estate GroupMore Info
916-705-8132

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Chase BurkeROME Real Estate GroupMore Info
916-705-8132

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