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Property profile & analytics
OFF-MARKET Estimated value $5,195,000
Retail space

767 Ikea Ct West Sacramento, CA 95605-1664

10,570 SF 1.51 ac lot Built 2008
Entity Owned 2-yr Hold Free & Clear
Property ID
US09-5825063
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving T-4 franchise boba and snacks shop located at 767 Ikea Ct, West Sacramento, CA 95605. The 1,200 square foot Class A retail space, built in 2008, benefits from a highly desirable C-2 zoning. Currently operating under a NNN lease with a remaining term of approximately 3.9 years (expiring October 1, 2028), with a 10-year initial lease commencing October 1, 2018, and 5-year renewal options. The property features over $300,000 in tenant improvements, including a fully equipped kitchen with a grease trap, and a complete sprinkler system, making it ideal for a variety of food service businesses. The strategic location near Ikea and a Super Walmart ensures high foot traffic and visibility. The lease includes annual rent bumps of 3%, providing consistent income growth. This single-unit property is a turnkey operation ready for a new owner to step in and continue its success. The asking price is $199,999. This is a rare chance to acquire a well-established, profitable business in a prime location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction WOOD
Total area 10,570 SF
Lot 1.51 ac (65,775 SF)
APN 014-793-073-000
UPID US09-5825063
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
  • Beach Hut Deli Restaurant
  • Manchuria Hakka Cuisine Restaurant
  • T4 Tea 4 Cafe & Coffee Shop
  • We Fix It Phone Repair Computer & Electronic Repair Tech Support Center
  • Electrify America Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.20M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.41M
Blend (final) Blend
$5.20M
Owner & transaction history
Ikea Court LLC · 2 yrs held
Ikea Court LLC
since 2024
Last sale
$5.2M
7 recorded transactions
2024
$5.2M
2023
$36.0M
2018
Price N/A
2015
Price N/A
2014
Price N/A
2014
Price N/A
2013
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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