10550 Twin Cities RdGalt, CA 95632
- Retail properties
- 4,907 SF
Property Details for 10550 Twin Cities Rd
- Year built
- 2017
- Construction
- WOOD
- Lot size
- 0.79 AC
- Property size (Sq ft)
- 4,907 SF
- Zone code
- C
- Property type
- Retail properties
- Property subtype
- Drive through restaurants
- APN
- 148-1110-004-0000
- APU
- 14811100040000
Description
This exceptional investment opportunity presents a fully leased, three-tenant retail pad building located at 10550 Twin Cities Rd, Galt, CA 95632. The 4,740 square foot property, built in 2016, sits on a 0.794-acre lot (APN 148-1110-004-0000) and boasts a strong 100% occupancy rate. The building features a high-volume Taco Bell tenant, whose drive-thru rent is significantly below market value, adding considerable upside potential. This is a stabilized, triple-net (NNN) leased investment with a current Net Operating Income (NOI) of $174,816 and an asking price of $2,800,000, resulting in a compelling 6.25% capitalization rate. The property is strategically located adjacent to 226 new housing units currently under construction, ensuring future growth and demand. Further enhancing its desirability, the building enjoys a shadow-anchored position near Tractor Supply and Dollar Tree, driving significant foot traffic and visibility. The property is categorized as QSR/Fast Food and Shopping Center, offering a diverse tenant mix. This single-story building presents a rare opportunity to acquire a high-performing, well-located retail investment with significant long-term growth prospects.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,213,481
- 6.5%
- $1,120,136
- 7%
- $1,040,127
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,765,566
- Geo Method
- $1,765,566
-
Alternative Use
- Use
- Valuation
- Residential
- $944,877
- Hospitality
- $865,502
- Educational
- $720,088
- Medical
- $744,852
- Retail
- $1,120,136
Location Insight
- City
- Galt
- County
- Sacramento
- State
- California
- Latitude
- 38.2909
- Longitude
- -121.3
- 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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