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NNN Ground Lease Gas Station
For Sale
$2,300,000

3140 Elkhorn Blvd North, North Highlands, CA 95660

NNN ground lease gas station with favorable rent increases.

Property SizeContact for details
Days on Market205

Property Features for 3140 Elkhorn Blvd North

General Information

Standard status Active
Property subtype Retail
Listing Agency: Homestead Real Estate
Listed By: Jordan Alleva · License #CalDRE #02038417
Source: Nmrk
Added: Jan 27 Changed: Aug 20 Last Checked: Aug 20 at 4:53AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Homestead Real Estate

Investment Insights

Based on property information with market context.

The property is a gas station branded as AMPM/ARCO, operating under a 15-year absolute NNN ground lease. The lease terms stipulate that the landlord has no management or maintenance responsibilities. The lease includes rent increases of 10% every 5 years during the primary term and at each of the three 5-year renewal option periods. The property is located in the Sacramento region of Northern California, specifically in McClellan near Highway 80.

Key Highlights

  • 15‑year absolute NNN ground lease eliminates landlord management and maintenance responsibilities.
  • Favorable rent increases of 10% every 5 years during the primary term and renewal options.
  • Features an AMPM/ARCO branded gas station, a recognized and established brand.

Property Analytics

Current Use

ampm Grocery & Convenience Store Arco Ampm 7122 Gas Station ARCO Gas Station

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
34k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
ARCO Shops & Services
20,956 visits/mo 0.1 miles
AMPM Shops & Services
10,237 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,632 visits/mo 0.1 miles
Extra Space Storage Shops & Services
1,210 visits/mo 0.5 miles

Demographics for 95660, CA

35,368
Population
11,433
Households
3.1
Avg Household Size
34
Median Age
11%
College-Educated
80%
High-School Grad
6.4 sq mi
ZIP Area
5,526
Density / Sq Mi
$66,957
Median Household Income
$36,426
Median Earnings
$1,650
Median Rent
$330,600
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
Gas station - NNN ground lease gas station with favorable rent increases.
Where is this gas station located?
The property is located at 3140 Elkhorn Blvd North North Highlands, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 15‑year absolute NNN ground lease eliminates landlord management and maintenance responsibilities.; Favorable rent increases of 10% every 5 years during the primary term and renewal options.; Features an AMPM/ARCO branded gas station, a recognized and established brand.
More about this property
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