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    QSR2 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624

    Sponsored
    For Lease
    $60 SF/Yr ($11,250 /Mo)

    Prime QSR Pad, Drive-Thru, High Traffic

    Lot size:
    2,230 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This fully entitled, 2,230 square-foot quick-service restaurant pad with drive-thru is situated on a 0.75-acre lot in Sacramento County. Boasting excellent visibility and frontage on Grant Line Road (approximately 23,000 vehicles per day at the intersection), this property benefits from its proximity to Highway 99 (within one mile) and the soon-to-be-completed Southeast Connector, promising significant traffic increases. On and off-site improvements will be completed by the developer. The ground lease offers an 180-month term at an annual rate of $135,000. This location is strategically positioned to capitalize on the growth spurred by nearby residential areas, industrial facilities, and planned retail developments. Neighboring businesses include a new Tractor Supply and a large Kubota Tractors training facility. The site is part of a larger development including a Shell gas station with Loop Market and Express Car Wash, and additional retail/restaurant spaces. Expected delivery is in the first quarter of 2025. This is a single-tenant property ideal for a quick-service restaurant operator seeking a high-traffic location with strong growth potential.

    Property Features for QSR2 Nec Waterman Rd & Grant Line Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,230 SF
    Total Rate
    11250.35

    Unit(s) available at that property

    Space
    Size
    2,230 SF
    Rate per SF
    $60

    HighLights

    • Fully entitled 2,230 sq. ft. quick‑service restaurant pad with drive‑thru.
    • 0.75‑acre lot with Grant Line Road frontage (approx. 23,000 VPD).
    • Located within one mile of Hwy 99 interchange and the Southeast Connector.
    • Ground lease, 180‑month term, $135,000 annual rent.
    • Adjacent to new Tractor Supply and Kubota Tractors facilities; part of a development including a Shell station with car wash and additional retail.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Elk Grove
    County
    Sacramento
    State
    California
    Longitude
    -121.3499637
    Latitude
    38.3854163

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    FAQs

    What type of property is this?
    Restaurant - Prime QSR Pad, Drive-Thru, High Traffic
    Where is this restaurant located?
    The property is located at QSR2 Nec Waterman Rd & Grant Line Rd Elk Grove, CA.
    What is the lease rate?
    The lease rate is $60 SF/Yr.
    What are key features of this property?
    This property features: Fully entitled 2,230 sq. ft. quick-service restaurant pad with drive-thru.; 0.75-acre lot with Grant Line Road frontage (approx. 23,000 VPD).; Located within one mile of Hwy 99 interchange and the Southeast Connector.
    Request Owner's contact information
    QSR2 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624
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    Elk Grove, CA 95624
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    QSR2 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624
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