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NNN Leased Investment Opportunity

3409 Arden Way, Sacramento, CA

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For Sale

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NNN leased investment with long-term ground lease and rent increases.

Type:RETAIL

Property size:

3,670 SF

Lot size:

0.56 Acres

Price / SF:

$606/SF

HighLights

Long‑term NNN lease with minimal landlord obligations.
Upcoming 10% rent increase for Dave's, boosting net income.
High‑traffic location with 44,000 ADT on Arden Way and 38,000 ADT on Watt Ave.
Strong demographics with over 90,000 daytime population.
Dave's Hot Chicken is a fast‑growing brand recently acquired by Roark Capital.
Approximately 40 years remaining on a 100‑year ground lease (extendable).

We can help!

Listing Contact

Carter Lear

For Sale

Contact for pricing

NNN leased investment with long-term ground lease and rent increases.

Type:RETAIL

Property size:

3,670 SF

Lot size:

0.56 Acres

Price / SF:

$606/SF

Added:: Dec 21, 2023
Days on Market:: 907
Last Refresh:: May 20 at 9:09 pm

Property Features for 3409 Arden Way

General Information

Standard status: Active
Size: 3,670 SF
Lot size: 0.56 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Carter Lear

Listing agent Carter Lear License #01848080

Listing office Newmark | Sacramento

Listing date Dec 21, 2023

Source Moodyscre

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 Newmark | Sacramento

HighLights

Long‑term NNN lease with minimal landlord obligations.
Upcoming 10% rent increase for Dave's, boosting net income.
High‑traffic location with 44,000 ADT on Arden Way and 38,000 ADT on Watt Ave.
Strong demographics with over 90,000 daytime population.
Dave's Hot Chicken is a fast‑growing brand recently acquired by Roark Capital.
Approximately 40 years remaining on a 100‑year ground lease (extendable).

Overview

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.

Property Profile Location Intelligence

Current Use by Public Records

Dave's Hot Chicken Restaurant Burger King Restaurant

Suggested Use

Location Insight

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Local Demand

City: Sacramento
County: Sacramento
State: California
Longitude: -121.385
Latitude: 38.5962

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What type of property is this?

Drive through restaurant - NNN leased investment with long-term ground lease and rent increases.

Where is this drive through restaurant located?

The property is located at 3409 Arden Way Sacramento, CA.

What is the asking price?

The asking price for this property is $2,225,384.

What are key features of this property?

This property features: Long‑term NNN lease with minimal landlord obligations.; Upcoming **10% rent increase** for Dave's, boosting net income.; **High‑traffic location** with 44,000 ADT on Arden Way and 38,000 ADT on Watt Ave.

3409 Arden Way, Sacramento, CA

NNN leased investment with long-term ground lease and rent increases.

Property Features for 3409 Arden Way

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

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Rosemont Fourplex Investment Opportunity

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Duplex with Attached Garages and Laundry

Auto Dealership Showroom and Shop

Duplex Residential Income Opportunity

Duplex Income Property

Sacramento Flex Space For Sale

Duplex Residential Income Property

Duplex Investment Property

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