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

Property Details for Restaurant Nec Waterman Rd & Grant Line Rd

Property size

3,400 SF

Property type

Retail properties

Property subtype

Restaurants

Description

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.