325 Pine StGalt, CA 95632
- Retail properties
- 841 SF
Property Details for 325 Pine St
- Year built
- 2020
- Construction
- WOOD
- Lot size
- 0.38 AC
- Property size (Sq ft)
- 841 SF
- Zone code
- HC
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 150-0303-059-0000
- APU
- 15003030590000
Description
This exceptional investment opportunity features a free-standing, 861 square foot Dutch Bros. Coffee located at 325 Pine St, Galt, CA 95632. Built in 2020, this single-tenant property boasts a 100% occupancy rate with a corporate-guaranteed Absolute NNN lease extending to December 31, 2040 (16.1 years remaining). The property includes 11 parking spaces and sits on a 0.385-acre lot zoned C. The lease features attractive 2% annual rent bumps, providing a strong hedge against inflation, and is currently 20% below market rent for comparable properties in the Sacramento MSA. The property's high visibility location, near other national QSRs, and freeway proximity ensures strong traffic flow. The Net Operating Income (NOI) is $108,243, resulting in a 4.33% cap rate. The asking price is $2,500,000 ($2,903.60/sq ft). Three 5-year lease options are included. This is a rare opportunity to acquire a well-performing, low-management asset with a strong tenant and significant remaining lease term. The property benefits from transferable warranties due to its build-to-suit construction. Galt, CA is a rapidly growing suburb of Sacramento with an average household income of approximately $96,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $207,976
- 6.5%
- $191,978
- 7%
- $178,265
-
Comparable approach
- Method
- Valuation
- Relative Method
- $302,596
- Geo Method
- $302,596
-
Alternative Use
- Use
- Valuation
- Residential
- $161,940
- Hospitality
- $148,337
- Educational
- $123,414
- Medical
- $127,659
- Retail
- $191,978
Location Insight
- City
- Galt
- County
- Sacramento
- State
- California
- Latitude
- 38.253
- Longitude
- -121.294
- 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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