6819 Watt AveNorth Highlands, CA 95660

Property Details for 6819 Watt Ave

Year built

2007

Property type

Healthcare properties

Property subtype

Other retail properties

Description

This exceptional ±14,490 square foot medical office building, constructed in 2007, 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. The building features prominent building and monument signage with an electronic reader, ensuring excellent visibility. Ample parking is available with approximately 55 spaces. Access is convenient with two rear ingress/egress points and extended loading on Watt Avenue, plus extended ingress/egress on Elkhorn Avenue. The property is zoned Commercial Mixed-Use CMU (Specific Planning Area SPA), allowing for a variety of permitted uses as detailed in the zoning documents (pages 87-90). The master lease expires on December 31, 2032, with a suggested annual rent of $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 benefits from proximity to major retailers including Ross, Big Lots, In-N-Out Burger, Starbucks, McDonald's, AutoZone, Jiffy Lube, and Popeye's Chicken. The property is approximately 12 miles northeast of Sacramento and 2 miles from Sacramento McClellan Airport.

Location Insight

City

North Highlands

County

Sacramento

State

California

Latitude

38.6911

Longitude

-121.384

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