QSR1 Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624
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.
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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.