

Fully Leased Retail Investment + Bonus Income
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
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