7933 Watt Ave - Freestanding FOR SALE


Antelope, CA 95843- Outer N Sac/Natomas/N Highlands
$2,650,000 USD
818-970-0915
7933 Watt Ave, Antelope, CA for Sale
$2,650,000 USD
Freestanding - FOR SALE
1/8
null | 5% Cap Rate


HIGHLIGHTS

  • Long Term National Credit Tenant
  • Corporate Guarantee
  • Shadow-Anchored by a Walmart Superstore Center
  • Excellent Visibility

OVERVIEW

Newly Priced! 7933 Watt Avenue is a one-story, single-tenant freestanding retail asset with 265 Feet of frontage along Elverta Road. It’s currently leased to O’Reilly Auto Parts. The building, constructed in 2003, is 7,009 SF and is situated in a Walmart Superstore Center with ample parking and easy customer access. This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant on an NNN lease. This specific O’Reilly Auto Parts has been at this location since 2002 and recently signed an extension through 2028 with renewal options available. The lease has rental increases every five years, enabling the Owner / Lessor to benefit from increased and predictable cash flow.

FOR SALE DETAILS

PRICE

$2,650,000 USD

PRICE/SF

$378 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Freestanding Retail | O'Reilly Auto Parts

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Auto Repair, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.99 AC

LAND SF

43,124 SF

ZONING

SC

APN/PARCEL ID

203-2070-001

ASK ABOUT THIS PROPERTY

David WeinbergerSeymour | Weinberger GroupMore Info
818-970-0915

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David WeinbergerSeymour | Weinberger GroupMore Info
818-970-0915

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