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

  • Other commercial real estate
  • 3,400 SF
For Lease
$42/SF/YR View listing

Property Details for Restaurant Nec Waterman Rd & Grant Line Rd

Property size (Sq ft)
3,400 SF
Property type
Other commercial real estate
Property subtype
Other retail properties

Description

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.

Restaurant Nec Waterman Rd & Grant Line Rd, Elk Grove, California

Location Insight

City
Elk Grove
County
Sacramento
State
California
Latitude
38.3854
Longitude
-121.35

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