QSR2 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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