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Dollar Tree 2540 Watt Ave

13,978 SF Retail Building Sacramento, CA 95821 £2,467,334 (£177/SF) 6.05% Net Initial Yield

Executive Summary

2540 Watt Avenue is home to Dollar Tree with five years remaining of the firm term with two (2) five-year options. Dollar Tree recently
extended their firm term by five years and added another option to their original lease. Not only does the current tenant have great credit,
but this former Fresh & Easy is highly leasable, and has the potential to add value to the property down the road. This corner is surrounded
by redevelopment with tenants looking to break into the market.

Property Facts Under Contract

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
13,978 SF
Building Class
B
Year Built/Renovated
2012/2014
Price
£2,467,334
Price Per SF
£177
Net Initial Yield
6.05%
NOI
£149,208
Tenancy
Single
Number of Floors
1
Building FAR
0.21
Lot Size
1.55 AC
Walk Score ®
Very Walkable (74)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

SAFE Credit Union
Jpmorgan Chase & And Co
U.S. Bank
Bank of Montreal
Starbucks
Raley's
WinCo
Planet Fitness
CrossFit
Dutch Bros

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 269-0090-062
  • 269-0090-053
Land Assessment
£1,197,312
Improvements Assessment
£2,652,948
Total Assessment
£3,850,259
  • Listing ID: 31510527

  • Date on Market: 15/04/2024

  • Last Updated:

  • Address: 2540 Watt Ave, Sacramento, CA 95821

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