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

    For Lease
    $42 SF/Yr ($11,900 /Mo)

    Prime Elk Grove location, 3,400 sq ft.

    Lot size:
    3,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3,400 square foot restaurant space, situated on a 0.75-acre lot in Elk Grove, California (Sacramento County, zip code 95624), presents a unique investment opportunity. The property boasts a prime location at the northeast corner of Waterman Road and Grant Line Road, benefiting from approximately 23,000 vehicles per day passing the intersection. The site is conveniently located within one mile of Highway 99, providing easy access for customers. Further enhancing its appeal, the property is situated along the route of the soon-to-be-completed Southeast Connector, a major roadway project anticipated to significantly increase traffic volume. This fully entitled restaurant space is currently a cold, raw shell, offering a blank canvas for a custom build-out. The lease term is 180 months, with a rate of $42 per square foot annually. On-site and off-site improvements will be completed by the developer. The property's strategic location is further amplified by the proximity of new developments, including a Tractor Supply store and a large Kubota Tractors training facility. The surrounding area also includes a planned Shell gas station with a Loop Market and Express Car Wash, two quick-service restaurants with drive-thrus, and an additional retail/restaurant space. Expected delivery is in the first quarter of 2025. This is an ideal opportunity for a restaurant operator seeking a high-visibility location in a rapidly growing area.

    Property Features for Restaurant Nec Waterman Rd & Grant Line Rd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,400 SF
    Total Rate
    11900

    Unit(s) available at that property

    Space
    Size
    3,400 SF
    Rate per SF
    $42

    HighLights

    • 3,400 SF restaurant space on a 0.75‑acre lot in Elk Grove, CA (95624).
    • Prime corner location at Waterman Rd & Grant Line Rd, with approx. 23,000 VPD.
    • Excellent highway access (near Hwy 99) and future Southeast Connector access.
    • Fully entitled, cold shell space; 180‑month lease at $42/SF annually.
    • Developer‑provided on‑site and off‑site improvements; Q1 2025 delivery.
    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 Elk Grove location, 3,400 sq ft.
    Where is this restaurant located?
    The property is located at Restaurant Nec Waterman Rd & Grant Line Rd Elk Grove, CA.
    What is the lease rate?
    The lease rate is $42 SF/Yr.
    What are key features of this property?
    This property features: 3,400 SF restaurant space on a 0.75-acre lot in Elk Grove, CA (95624).; Prime corner location at Waterman Rd & Grant Line Rd, with approx. 23,000 VPD.; Excellent highway access (near Hwy 99) and future Southeast Connector access.
    Request Owner's contact information
    Restaurant 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

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    Alternative use

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