Dollar Tree | 2540 Watt Ave
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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.
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)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £2,652,948 | |
Land Assessment | £1,197,312 | Total Assessment | £3,850,259 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£1,197,312
Improvements Assessment
£2,652,948
Total Assessment
£3,850,259
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Dollar Tree | 2540 Watt Ave
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