Property profile

4980 Watt Ave North Highlands, CA 95660

FOR LEASE
Retail space
Property ID
US09-2497091
7,982 SF 0.78 ac lot Built 1990
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Restaurant
  • Atm

Location

4980 Watt Ave North Highlands, CA 95660
North Highlands metro Census 7413 SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$935k

Owner & transaction history

since 2018
7 recorded transactions
2021
Price N/A
2018
Price N/A
2015
Price N/A
2014
$2.2M
2006
Price N/A
2001
Price N/A
1998
$1.1M

Zoning & alternative use

SPA · North Highlands, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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