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    FOR LEASE
    Retail space

    4980 Watt Ave, North Highlands, CA 95660

    7,982 SF 0.78 ac lot Built 1990
    Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-2497091
    Property summary
    AI-generated overview

    Watt Rose Square, located at 4980 Watt Avenue in North Highlands, California (zip code 95660), presents a prime retail investment opportunity. This 0.34-acre site boasts a total building area of 19,900 square feet, offering multiple tenancy options. Currently, there are 6,595 square feet of vacant space available, divisible into units as small as 1,506 square feet, with a maximum contiguous space of 5,089 square feet. The property benefits from a high-traffic location along a major north-south thoroughfare in Sacramento, ensuring excellent visibility and accessibility. The strategic placement across the street from established businesses like Panda Express and Starbucks, and in close proximity to 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 significant foot traffic and consumer exposure. This exceptional location provides a strong foundation for a thriving retail operation, making it an ideal investment for businesses seeking high visibility and a dense customer base. The property's size and layout offer flexibility for a variety of retail uses, catering to both established businesses and new ventures. This is a rare opportunity to acquire a well-positioned retail property in a thriving commercial area.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1990
    Construction WOOD
    Total area 7,982 SF
    Lot 0.78 ac (34,020 SF)
    Zoning code SPA
    APN 228-0251-050-0000
    UPID US09-2497091
    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
    Current use
    Occupant on record · Public records
    • Manna Thai Restaurant
    • ATM Atm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $935k
    Owner & transaction history
    Ethan Conrad · 7 yrs held
    Ethan Conrad
    since 2018
    7 recorded transactions
    2021
    2018
    2015
    2014
    $2.2M
    2006
    2001
    1998
    $1.1M
    Zoning & alternative use
    SPA · North Highlands, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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