Property summary
This exceptional 14,898 square foot retail property, situated on a 0.34-acre lot in North Highlands, California, presents a compelling investment opportunity. Located at 4980-4986 Watt Avenue, this single-tenancy property boasts a prime location on a major signalized intersection, benefiting from high traffic counts exceeding 56,000 vehicles daily. The property's strategic position along a main north-south thoroughfare ensures excellent visibility and accessibility. Across the street from established businesses like Panda Express and Starbucks, and neighboring national chains including Jack in the Box, Pizza Hut, McDonald's, Carl's Jr., Wingstop, Metro PCS, Subway, Taco Bell, and a new Super Walmart, guarantees high foot traffic and brand recognition. The property is zoned SPA (Special Planning Areas, Sacramento County) and features a convenient location near Highway 80 and a light rail station. The asking price is $320,000, translating to $21.50 per square foot. The property includes a paved parking lot, water and sewer hookups, and most infrastructure is already in place for pad development. Monument signage is also available. The APN is 228-0251-052. This is a NNN lease property. This property offers a rare combination of high visibility, convenient location, and established infrastructure, making it an ideal investment for discerning buyers.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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from $99/month
Property description
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Zoning
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