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76 Gas Station and Convenience Store 4705 Florin Rd

1,905 SF Retail Building Sacramento, CA 95823 £948,012 (£498/SF) 5.10% Net Initial Yield

Investment Highlights

  • Offering: For Sale - 76 Gas Station/Convenience Store
  • Great Location: on Florin Road, shadow-anchored by Home Depot, with easy access to/from HWY 99
  • Parcel Size: Over a 1/2 acre parcel
  • 20-Year Absolute NNN Lease - expires 7/31/42. Tenant has three (3) 5-year Options to extend. Current Rent does have scheduled increases
  • High Traffic Counts: Florin Rd: 51,418 ADT and HWY 99: 201,137 ADT
  • Tenant Profile: Operated by United Pacific - 76, a leading gas station operator. Tenant entity is Apro, LLC (Delaware)

Executive Summary

Asking Price: $1,200,000 ($665.19 PSF)
Current Rent: $5,075 per month, NNN (4.5% cap rate)
Lease: New 20-year absolute NNN lease
Tenant: United Pacific - 76, operating 440+ units
Location: Next to Walmart and The Home Depot; off Highway #90
Demographics: Over 500,000 population within 5-mile radius
Location Highlights:
Infill Location: Over 196,000 population within 3 miles
Accessibility: Prime access to highways and retail core
Future Use: Large 30,836 sq ft lot for potential development
Market Insights:
Consumer Reach: Densely populated area ensuring steady traffic
Viability: Ideal for a service station with high visibility and traffic
Unique Selling Points:
Tenant Profile: Leased to a leading gas station operator
Prime Location: Busy hub adjacent to significant retail players
Growth Opportunity: Potential for development on an expansive parcel
Additional Information:
Stability: Long-term lease with rent increases
Proximity: Close to essential services and amenities
Note: Real estate only; business not for sale

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Service Station
Building Size
1,905 SF
Building Class
C
Year Built/Renovated
1968/1999
Price
£948,012
Price Per SF
£498
Net Initial Yield
5.10%
NOI
£48,349
Tenancy
Single
Number of Floors
1
Building FAR
0.06
Land Acres
0.70 AC
Opportunity Zone
Yes
Zoning
LC - Light Commercial
Parking
15 Spaces (8.33 Spaces per 1,000 SF Leased)
Frontage
230 ft on East Pkwy

Amenities

  • Corner Lot

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Retailer
  • 99,999 SF
  • -
  • Jan 0000

There’s GO in everything you do – from impromptu trips to the beach to treks that take you to mountaintops to short drives to your favorite coffee shop. No matter where you’re going, 76® is here to fuel all the ways you GO GO GO. 76® has been on the driver’s side since 1932. Their iconic orange ball made its debut 30 years later, and it didn’t take long for the popular “antenna” balls to bring a little 76 joy to cars across the country.

Tenant Industry SF OCCUPIED RENT/SF Lease End
Retailer 99,999 SF - Jan 0000
Walk Score ®
Very Walkable (80)
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

Dutch Bros
Chase Bank
IHOP
99 Ranch Market
Golden 1 Credit Union
Starbucks
Rent-A-Center
FoodMaxx
U.S. Bank
Happy Lemon

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 042-0143-012
  • 042-0143-001
Land Assessment
£748,445
Improvements Assessment
£370,199
Total Assessment
£1,118,644
  • Listing ID: 30086259

  • Date on Market: 17/11/2023

  • Last Updated:

  • Address: 4705 Florin Rd, Sacramento, CA 95823

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