About This Restaurant
Investment Highlights
SUPREME VISIBILITY FROM I-80 (125K+ VPD) FOR THIS BELOW MARKET RENT 10-YEAR NNN GROUND LEASE TO CRACKER BARREL, WITH STRONG STORE SALES REPORTED. Huge Lot Size Contributes to Desirability of this Investment: the 2.14 acre lot has attractive ground rent of just $98/acre. Absolutely Dominant Retail Location: the restaurant is located within Rocklin Station on I-80.
Executive Summary
NNN Ground Lease ? Below Market Ground Rent of $98K/Acre ? Tenant Reports Strong Sales
Property Details
- Sale Type Investment NNN
- Sale Condition Ground Lease (Leased Fee)
- Property Type Retail
- Property Subtype Restaurant
- Building Size 9,170
- Building Class B
- Year Built 2019
- Price 4,023,000
- Price Per SF 439
- Cap Rate 5.25
- NOI 211,200
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 2.14 AC
Nearby Amenities & Transportation
| Retail | Cracker Barrel Old Country Store | ||
| Retail | The Habit Burger Grill | ||
| Retail | The Brass Tap | ||
| Retail | F45 Training, Inc. | ||
| Retail | Trader Joe's | ||
| Retail | The Original Mel's Diner | ||
| Retail | Starbucks | ||
| Retail | Panda Express | ||
| Retail | Beachhut Deli | ||
| Retail | Mod Pizza |
Property Taxes
| Parcel Number | 045-052-035 045-052-036 | Improvements Assessment | $1,185,947 |
| Land Assessment | $2,391,428 | Total Assessment | $3,577,375 |
| Date Created: | 2024-07-16 04:09:22 | Last Updated: | 2024-07-16 04:09:22 |
| Address: | 4630 Sierra College Blvd , Rocklin, California, 95677 | ||