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33991618
33991620

7145 Watt Ave, North Highlands, CA 95660-3208

BJ
CA 01217349
JACKS Commercial Real Estate - Sacramento
Listed by JACKS Commercial Real Estate - Sacramento
$1,595,000
3 days on market
Updated 3 days ago

Fully Leased Retail Investment + Bonus Income

Details
APN 208-0133-038
Property Type Retail
Sub Type Grocery Store, Storefront (+1)
Square Footage 9,800
Net Rentable (SqFt) 9,800
Cap Rate 7%
NOI $111,663
Occupancy 100%
Tenancy Multi
Price per SqFt $163
Year Built 1988
Acreage 1.100
Zoning RMU-1 (Residential Mixed Use)
Investment Type Stabilized
Ground Lease No

Retail | 7.00% CAP | 9,800 SqFt

Marketing description

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 (plus one new tenant), durable tilt-up concrete construction, a recently replaced roof (2022) and combination of NNN and modified gross leases that provide stable cash flow. Tenants include a salon, paint shop, grocery market/catering operation plus outdoor events center. Bonus income reflects a $1,000 rent increase for the outdoor event center commencing 3/1/27. New ownership can also increase NNN and CAM reimbursements, since current ownership has been very soft on collecting these amounts for the long-term tenants. 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.

Investment highlights

  • Fully leased ±9,800 SF multi-tenant retail center on 1.1 acres
  • Stable tenant mix with long-term occupancy history and strong in-place cash flow
  • Additional $1,000 per month income for outdoor event space to commence 3/1/2027
  • Prime signalized hard-corner location at Watt Avenue & Q Street with monument signage
  • 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

Listing Contacts

BJ
CA 01217349
JACKS Commercial Real Estate - Sacramento
Listed by JACKS Commercial Real Estate - Sacramento

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$111,663.00
$9,305.25/mo

Valuation Metrics

0
DSCR
7%
Cap Rate
7%
ROI

Map

Zoning

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Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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