Dollar Tree Listing Details & Market Data

2540 Watt Ave, Sacramento, CA 95821

  • For Sale $3,095,000
  • Property Type Retail
  • Property Size 13,941 SF
  • Lot Size 1.51 Acre
  • Building Class C
  • Year Built 2012
  • Date Updated Apr 18, 2024
Situated at the corner of Watt and El Camino Avenue with combined average traffic counts of ±62,656. High income and density area surrounded by redevelopment.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.

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Attachments

Highlights

  • Five years of term remaining.
  • High income and density area surrounded by redevelopment.
  • Situated at the corner of Watt and El Camino Avenue with combined average traffic counts of ±62,656.
  • Price: $3,095,000
  • Cap Rate: 6.05%
  • NOI: $187,165
  • Lease Term: 5+ years remaining; expiration May 31, 2029
  • Lease Options: (2) five-year options
  • Rental Increases: 10% every 5 years
  • Lease Type: Corporate guaranteed NN
  • Landlord Responsibilities: Roof and structure

Contacts

broker

Ian Keane

Capital Rivers Commercial

(916) 514-5225

Location

Getting Around

  • Walk Score ®

    Very Walkable (74)

  • Transit Score ®

    Some Transit (40)

  • Bike Score ®

    Very Bikeable (81)
Powered by Walk Score ®
  • City Sacramento, CA
  • Neighborhood Del Paso Manor
  • Zip Code 95821
  • Market Sacramento

Points of Interest

  • Roseville Road

    2.13 miles

  • Watt/I-80 West

    2.25 miles

  • Watt/I-80

    2.30 miles

  • Marconi/Arcade

    2.41 miles

  • Swanston

    3.13 miles

  • Royal Oaks

    3.59 miles

  • Butterfield

    3.63 miles

  • Tiber

    3.66 miles

  • Starfire

    3.78 miles

  • Watt/Manlove

    4.04 miles

  • Valero

    0.11 miles

  • Circle 7

    0.43 miles

  • Arco

    0.92 miles

  • Arco

    0.99 miles

  • Chevron

    1.04 miles

  • 76

    1.17 miles

  • Chevron

    1.44 miles

  • eVgo

    1.44 miles

  • Speedway

    1.57 miles

  • Arco

    1.78 miles

  • Parking Structure 1

    3.11 miles

  • Enterprise - used rental car storage

    3.68 miles

  • Effie Yeaw Nature Center Parking Lot

    3.75 miles

  • Lot 2 faculty/staff

    3.99 miles

  • Lot 1C Faculty/Staff

    4.13 miles

  • Parking Structure 5

    4.15 miles

  • Parking Structure II

    4.19 miles

  • Lot 1D Faculty/Staff

    4.20 miles

  • Faculty/Staff Parking Lot 7

    4.22 miles

  • Faculty/Staff Lot 6

    4.27 miles

  • Sam's Hof Brau

    0.04 miles

  • McDonald's

    0.08 miles

  • Del Taco

    0.09 miles

  • Wendy's

    0.10 miles

  • Domino's

    0.16 miles

  • Panera Bread

    0.23 miles

  • Chipotle

    0.24 miles

  • Wingstop

    0.28 miles

  • Jack in the Box

    0.39 miles

  • McDonald's

    0.91 miles

  • Country Club Plaza Mall

    0.27 miles

  • WinCo Foods

    0.32 miles

  • Walmart Neighborhood Market

    0.99 miles

  • Babylon City Market

    1.01 miles

  • Sprouts Farmers Market

    1.01 miles

  • Smart & Final Extra!

    1.03 miles

  • Ross

    1.08 miles

  • Trader Joe's

    1.09 miles

  • TJ Maxx

    1.12 miles

  • Safeway

    1.23 miles

Contact Listing Broker

broker

Ian Keane

Capital Rivers Commercial

(916) 514-5225