7145 Watt Ave - Freestanding FOR SALE


North Highlands, CA 95660
$1,595,000 USD
916-837-3456
7145 Watt Ave, North Highlands, CA for Sale
$1,595,000 USD
Freestanding - FOR SALE
1/17
null | 6.51% Cap Rate

7145 Watt Ave
North Highlands, CA 95660


HIGHLIGHTS

  • Fully leased ±9,800 SF multi-tenant retail center on 1.1 acres
  • Prime signalized hard-corner location at Watt Avenue & Q Street with monument signage
  • Stable tenant mix with long-term occupancy history and strong in-place cash flow
  • Value-add opportunity through ±9,500 SF secured fenced yard with projected bonus income of $1,000–$2,000/month
  • Adjacent to McClellan Business Park, one of the region's largest employment centers
  • Positioned within the North Watt Avenue Specific Plan area, benefiting from future housing, redevelopment, and infrastructure growth

OVERVIEW

7145 Watt Avenue is a fully leased ±9,800 SF, multi-tenant retail center (shadow anchored by Quick Quack Car Wash) situated on a highly visible 1.1-acre signalized hard-corner at Watt Avenue and Q Street in North Highlands (Sacramento County). The property features three established and long-term tenants, durable tilt-up concrete construction, a recently replaced roof (2022), and a combination of NNN and modified gross leases that provide stable cash flow. A significant value-add opportunity exists through the ±9,500 SF secured fenced yard, which is currently being positioned for approval as an outdoor events space that will generate an additional $2,000 per month of bonus income, offering future upside beyond the in-place revenue stream. Strategically located adjacent to McClellan Business Park and Airfield, near Business 80, I-80, light rail, and major retail services, the property is well positioned to benefit from continued residential growth, redevelopment, and infrastructure investment throughout the North Watt Avenue corridor.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$163 USD /SF

CAP RATE

6.51%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fully Leased Multi-Tenant Retail + Value Add

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

98

LAND DETAILS

LAND ACRES

1.91 AC

LAND SF

83,200 SF

ZONING

GC (General Commercial)

APN/PARCEL ID

208-0133-038

ASK ABOUT THIS PROPERTY

Brian JacksJACKS Commercial Real EstateMore Info
916-837-3456

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Brian JacksJACKS Commercial Real EstateMore Info
916-837-3456

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.