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OFF-MARKET
Retail properties & Spaces

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

2,800 SF
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retail properties & Spaces
Total area 2,800 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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