2961 Advantage Way

2961 Advantage Way , Sacramento, California, 95834 | 4,246 sq.f | $ 2,980,000

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About This Restaurant

Investment Highlights

Executive Summary

Tenants: Wienerschnitzel with drive-thru and Chicken-n-Waffles Building Size: an approximately 4139 Drive-Thru Restaurant/Fast FoodLot Size: 39,422 sq.ft. lot per assessorParking: 36 plus 2 handicap parking spacesWienerschnitzel lease expires 6-30-2028 with two 5 years optionChicken-n-Waffles lease expires 9-30-2034 This Natomas Crossing site consists of an approx. 4139 restaurants building with Wienerschnitzel with drive-thru and Chicken-n-Waffles, and the site is surrounded by other national tenants including In-N-Out Burger, Panda Express, Taco Bell, KFC/A&W, Malabar, Holiday Inn (100 rooms), Hampton Inn (100 rooms), Hilton Homewood Suites (125 rooms), and Natomas Charter School, The Peace Officers Research Association of California. Located on Del Paso Road at Interstate 5 in the Natomas Crossing development, this site is part of one of the largest master planned communities in the country (?9,038 acres).Natomas Crossing has tremendous frontage and access to Interstate 5 (178,000 ADT)

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Freestanding Freestanding General Retail Fast Food General Retail Restaurant Freestanding
  • Building Size    4,246
  • Building Class    B
  • Year Built    2007
  • Price    2,980,000
  • Price Per SF    702
  • Cap Rate    6.11
  • NOI    181,944
  • Percent Leased    100
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.11
  • Land Acres    0.91 AC

Amenities

  • Pylon Sign
  • Signage

Nearby Amenities & Transportation

Retail IHOP
Retail Sprouts Farmers Market
Retail Denny's
Retail Dutch Bros
Retail Club Pilates
Retail Sizzler
Retail Panda Express
Retail Safeway
Retail U.S. Bank
Retail Jack In The Box

Property Taxes

Parcel Number 225-1960-008 Improvements Assessment $609,556
Land Assessment $1,402,573 Total Assessment $2,012,129
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 2961 Advantage Way , Sacramento, California, 95834