1911 Cosumnes River BlvdSacramento, CA 95832
- Retail properties
- 6,510 SF
Property Details for 1911 Cosumnes River Blvd
- Year built
- 2022
- Construction
- WOOD
- Lot size
- 2.78 AC
- Property size (Sq ft)
- 6,510 SF
- Zone code
- R-3-PUD C-
- Property type
- Retail properties
- Property subtype
- Super regional malls
- APN
- 053-0180-028-0000
- APU
- 5301800280000
Description
Exceptional investment opportunity: a brand-new, 3,000 square foot 7-Eleven and Chevron gas station (10 pumps, 2 EV chargers) on a 1.28-acre lot in Sacramento, CA (95832). This absolute NNN ground lease boasts a 15-year term (commencing January 1, 2023, expiring February 1, 2038), with a remaining term of 13.2 years and a 4.75% cap rate. The property generates a strong NOI of $391,274, with 10% rent bumps every 5 years, providing excellent inflation protection. The tenant, 7-Eleven, Inc., is backed by a corporate guarantee and enjoys an investment-grade credit rating. Situated on Cosumnes River Blvd, this location benefits from high traffic counts (over 11,300 VPD) at a signalized intersection, proximity to Interstate 5 (114,800 VPD), and adjacency to a thriving retail center anchored by Walmart, Starbucks, and other national brands. The property is part of a large, master-planned mixed-use development encompassing 800 acres, including over 5,000 planned housing units and 1.3 million square feet of retail space. The surrounding area boasts affluent demographics, with an average household income exceeding $101,400 and a population of over 98,100 within a 3-mile radius. Lease options include 3 x 5 year and 1 x 4 year extensions. This is a rare opportunity to acquire a high-performing, low-maintenance asset in a rapidly growing market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,609,896
- 6.5%
- $1,486,058
- 7%
- $1,379,911
-
Comparable approach
- Method
- Valuation
- Relative Method
- $2,342,334
- Geo Method
- $2,342,334
-
Alternative Use
- Use
- Valuation
- Residential
- $1,253,546
- Hospitality
- $1,148,241
- Educational
- $955,323
- Medical
- $988,178
- Retail
- $1,486,058
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.4668
- Longitude
- -121.49
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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