3409 Arden Way Sacramento, CA 95815

This property presents a NNN leased investment opportunity with a landlord-friendly, long-term lease structure that minimizes landlord obligations. The property benefits from an upcoming rent increase, projected to add 10% to the net income payable. Situated in a prime location, the site experiences high traffic volume, with 44,000 average daily traffic on Arden Way and 38,000 average daily traffic on Watt Avenue. The tenant, a Dave’s Hot Chicken franchisee, is the exclusive operator in the Sacramento MSA, with multiple locations. Dave’s Hot Chicken is recognized as one of the fastest-growing fast-casual restaurant brands nationally and was recently acquired by Roark Capital, a $37 billion private equity asset manager. The location benefits from strong demographics, including a daytime population exceeding 90,000. The property has approximately 40 years remaining on a 100-year ground lease, expiring in July 2065, with the option to extend. The current annual ground rent is $31,500 through August 2026. The property size is 3,670 square feet.