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    QSR1 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624

    Sponsored
    For Lease
    $51 SF/Yr ($12,084 /Mo)

    Prime QSR Pad, High Traffic Area

    Lot size:
    2,800 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 0.75-acre lot in Sacramento County offers a fully entitled, 2,800 square foot quick-service restaurant pad with a dual-lane drive-thru. Situated on Grant Line Road, boasting approximately 23,000 vehicles per day at the intersection, this property benefits from high visibility and convenient access. Located within one mile of Highway 99 interchange and on the route of the upcoming Southeast Connector, this site promises significant traffic increases. On and off-site improvements will be completed by the developer. The 180-month ground lease is available at an annual rate of $145,000. This location is strategically positioned near new developments, including a Tractor Supply and a Kubota Tractors training facility, ensuring a strong customer base. The site is part of a larger development including a Shell gas station with a Loop Market and Express Car Wash, and additional retail/restaurant spaces. Planned outdoor seating enhances the dining experience. Expected delivery is Q1 2025. This is a rare opportunity to secure a prime location in a rapidly growing area.

    Property Features for QSR1 Nec Waterman Rd & Grant Line Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,800 SF
    Total Rate
    12084.33

    Unit(s) available at that property

    Space
    Size
    2,800 SF
    Rate per SF
    $51

    HighLights

    • Retail/Restaurant pad site, 2,800 sq. ft., single tenant.
    • 0.75‑acre lot in Sacramento County.
    • Fully entitled quick‑service restaurant (QSR) with dual drive‑thru.
    • Ground lease, 180‑month term, $145,000 annual rent.
    • High visibility location on Grant Line Road (approx. 23,000 VPD), near Hwy 99 interchange and future Southeast Connector.
    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, High Traffic Area
    Where is this restaurant located?
    The property is located at QSR1 Nec Waterman Rd & Grant Line Rd Elk Grove, CA.
    What is the lease rate?
    The lease rate is $51 SF/Yr.
    What are key features of this property?
    This property features: Retail/Restaurant pad site, 2,800 sq. ft., single tenant.; 0.75-acre lot in Sacramento County.; Fully entitled quick-service restaurant (QSR) with dual drive-thru.
    Request Owner's contact information
    QSR1 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

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    Cap approach

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    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
    QSR1 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624
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