5900 Florin Rd - Freestanding FOR SALE


Sacramento, CA 95823
$2,100,000 USD
404-504-7900
5900 Florin Rd, Sacramento, CA for Sale
$2,100,000 USD
Freestanding - FOR SALE
1/6
null | 5.75% Cap Rate

5900 Florin Rd
Sacramento, CA 95823


HIGHLIGHTS

  • Brand New 15-Year Absolute NNN Lease | Sale-Leaseback Offering | 10% Increases Every 5 Years | Four, 5-Year Renewal Options
  • Limited Competition | Only Krispy Kreme Location in Sacramento
  • 6 Miles SE of Downtown Sacramento | Hard Corner Location at the Intersection of E Southgate Dr and Florin Rd (71,882 VPD)
  • Built-In Customer Base | Over 7,130 Households Within 1 Mile
  • Across From Florin Towne Centre | 480,455 SF | Walmart Supercenter, AutoZone, PetSmart, Dollar Tree, GNC, Verizon, Starbucks, McDonald's, etc.
  • Sacramento, CA MSA Advantage | MSA Population 2.5 Million

OVERVIEW

**Purchase Price is fixed. Interested parties are asked to bid on this opportunity by adjusting the rent/cap rate. CBRE is pleased to exclusively offer for sale the 1,901-square-foot Krispy Kreme situated on 0.51 acres in Sacramento, CA (MSA Population: 2.5 million). At closing, Krispy Kreme will execute a brand new 15-year absolute NNN lease with 10% rent increases every 5 years throughout the initial term and in each of the four 5-year renewal options. This location is Sacramento’s only Krispy Kreme with the next-closest stores in Roseville (27 miles northeast) and Vacaville (38 miles west).

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$1,105 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Krispy Kreme Absolute NNN Sale-Leaseback

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,216 SF

ZONING

LC

APN/PARCEL ID

050-0480-011

ASK ABOUT THIS PROPERTY

Brian PfohlCBREMore Info
404-504-7900

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Brian PfohlCBREMore Info
404-504-7900

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