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$3,150,000
Est. payment /mo
0.99 Acres Lot
UPDATED:
12/05/2024 05:04 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 24436483
HOA Y/N No
Year Built 2003
Lot Size 0.988 Acres
Property Description
7933 Watt Avenue is a one-story, single-tenant freestanding retail asset with 265 Feet of frontage along Elverta Road. It's currently leased to O'Reilly Auto Parts. The building, constructed in 2003, is 7,009 SF and is situated in a Walmart Superstore Center with ample parking and easy customer access.This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant on an NNN lease. This specific O'Reilly Auto Parts has been at this location since 2002 and recently signed an extension through 2028 with renewal options available. The lease has rental increases every five years, enabling the Owner / Lessor to benefit from increased and predictable cash flow.
Location
State CA
County Sacramento
Zoning SC
Interior
Fireplace No
Exterior
Total Parking Spaces 10
Building
Lot Description Corner Lot, Lot Over 40000 Sqft
Story 1
Others
Tax ID 20320700010000
Special Listing Condition Standard
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Listed by David Weinberger • Keller Williams Studio City