For Lease
$42/SF/YR

Restaurant Nec Waterman Rd & Grant Line Rd Elk Grove, CA 95624

Prime Elk Grove location, 3,400 sq ft.

Property records and analytics

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 3,400 square foot restaurant space, situated on a 0.75-acre lot in Elk Grove, California (Sacramento County, zip code 95624), presents a unique investment opportunity. The property boasts a prime location at the northeast corner of Waterman Road and Grant Line Road, benefiting from approximately 23,000 vehicles per day passing the intersection. The site is conveniently located within one mile of Highway 99, providing easy access for customers. Further enhancing its appeal, the property is situated along the route of the soon-to-be-completed Southeast Connector, a major roadway project anticipated to significantly increase traffic volume. This fully entitled restaurant space is currently a cold, raw shell, offering a blank canvas for a custom build-out. The lease term is 180 months, with a rate of $42 per square foot annually. On-site and off-site improvements will be completed by the developer. The property's strategic location is further amplified by the proximity of new developments, including a Tractor Supply store and a large Kubota Tractors training facility. The surrounding area also includes a planned Shell gas station with a Loop Market and Express Car Wash, two quick-service restaurants with drive-thrus, and an additional retail/restaurant space. Expected delivery is in the first quarter of 2025. This is an ideal opportunity for a restaurant operator seeking a high-visibility location in a rapidly growing area.

Highlights

  • 3,400 SF restaurant space on a 0.75-acre lot in Elk Grove, CA (95624).
  • Prime corner location at Waterman Rd & Grant Line Rd, with approx. 23,000 VPD.
  • Excellent highway access (near Hwy 99) and future Southeast Connector access.
  • Fully entitled, cold shell space; 180-month lease at $42/SF annually.
  • Developer-provided on-site and off-site improvements; Q1 2025 delivery.

Property Details for Restaurant Nec Waterman Rd & Grant Line Rd

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
3,400 SF

Unit(s) available at that property

Space
Size
3,400 SF
Rate per SF
$42

Location Insight

City
Elk Grove
County
Sacramento
State
California
Latitude
38.3854163
Longitude
-121.3499637

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FAQs

What type of property is this?
Retail property - Prime Elk Grove location, 3,400 sq ft.
Where is the retail property located?
The property is located at Restaurant Nec Waterman Rd & Grant Line Rd Elk Grove, CA.
What is the lease rate?
The lease rate is $42/SF/YR.
What are key features of this property?
This property features: 3,400 SF restaurant space on a 0.75-acre lot in Elk Grove, CA (95624).; Prime corner location at Waterman Rd & Grant Line Rd, with approx. 23,000 VPD.; Excellent highway access (near Hwy 99) and future Southeast Connector access.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
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Contacts

Kurt Parkinson
Kurt Parkinson
Visit Broker Website

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Nec Waterman Rd & Grant Line Rd
Elk Grove, CA 95624

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Nec Waterman Rd & Grant Line Rd
Elk Grove, CA 95624

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Disclaimer

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We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.

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Restaurant Nec Waterman Rd & Grant Line Rd
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    Kurt Parkinson
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