1911 Cosumnes River Blvd Sacramento, CA 95832
High-Yield NNN Ground Lease, Prime Location
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- 15-year NNN ground lease with minimal landlord responsibilities; 10% rent increases every 5 years; Investment-grade credit tenant (7-Eleven, Inc.) with a stable outlook; Brand-new 3,000 sq ft 7-Eleven/Chevron (10 pumps, 2 EV chargers) on a 1.28-acre lot;
- High-traffic location (11,300+ VPD) at a signalized intersection near I-5 (114,800 VPD), Walmart, Starbucks, and other national retailers; Affluent demographics ($101,400+ avg. household income, 98,100+ population within 3 miles);
- Part of an 800-acre mixed-use development with 5,000+ planned housing units and 1.3M sq ft of retail space; Strong NOI of $391,274 and a 4.75% cap rate; Lease includes extension options.
Property Details for 1911 Cosumnes River Blvd
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 3,000 SF
- Year Built
- 2023
- Lot Size (sq. ft)
- 55,757 SF
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.4669795
- Longitude
- -121.4898234
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield NNN Ground Lease, Prime Location
- Where is the retail property located?
- The property is located at 1911 Cosumnes River Blvd Sacramento, CA.
- What is the asking price?
- The asking price for this property is $8,237,000.
- What are key features of this property?
- This property features: 15-year NNN ground lease with minimal landlord responsibilities; 10% rent increases every 5 years; Investment-grade credit tenant (7-Eleven, Inc.) with a stable outlook; Brand-new 3,000 sq ft 7-Eleven/Chevron (10 pumps, 2 EV chargers) on a 1.28-acre lot;; High-traffic location (11,300+ VPD) at a signalized intersection near I-5 (114,800 VPD), Walmart, Starbucks, and other national retailers; Affluent demographics ($101,400+ avg. household income, 98,100+ population within 3 miles);; Part of an 800-acre mixed-use development with 5,000+ planned housing units and 1.3M sq ft of retail space; Strong NOI of $391,274 and a 4.75% cap rate; Lease includes extension options.
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