This exceptional 14,490-square-foot medical office building, formerly a Walgreens, presents a unique investment opportunity in North Highlands, California. Located at 6819 Watt Avenue, this single-tenant property boasts a prime location at the high-traffic intersection of Watt and Elkhorn Avenues, experiencing 70,000 vehicles per day. Built in 2007, the building features prominent building and monument signage, including an electronic reader, ensuring excellent visibility. The property offers ample parking with approximately 55 spaces and convenient access via two drive-in/drive-out points on Watt Avenue, plus an extended loading area, and additional drive-in/drive-out access on Elkhorn Avenue. Zoned as Commercial Mixed-Use CMU (Specific Planning Area SPA), the property benefits from permitted uses outlined in pages 87-90 of the zoning documents. The master lease expires on December 31, 2032, and the suggested rent is $185,000. The property is offered "as-is," and all offers are subject to the approval of Walgreens Co.'s Real Estate Committee. This location is approximately 12 miles northeast of Sacramento and 2 miles from Sacramento McClellan Airport, surrounded by strong neighboring retailers including Ross, Big Lots, In-N-Out Burger, Starbucks, McDonald's, AutoZone, Jiffy Lube, and Popeye's Chicken. This presents a compelling opportunity for investors seeking a stable, high-visibility asset in a thriving commercial corridor.
Highlights
14,490 SF medical office building (former Walgreens) in North Highlands, CA.
Prime location at high-traffic Watt & Elkhorn Aves intersection (70,000 VPD).
Built in 2007, features prominent signage including electronic reader.
55 parking spaces, dual drive-in/drive-out access on Watt Ave, plus Elkhorn Ave access and loading area.
CMU zoning (SPA); master lease expires 12/31/2032, suggested rent $185,000; "as-is" sale, subject to Walgreens approval.
Strong surrounding retail (Ross, Big Lots, etc.), 12 miles northeast of Sacramento, 2 miles from McClellan Airport.
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Contacts
Mark Hollenbeck
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6819 Watt Ave, North Highlands, California, 95660
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6819 Watt Ave
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