Restaurant
Carol's Restaurant (NNN) - Trophy Downtown Location
1201 W Capitol Ave, West Sacramento, CA 95691
Listing Price: $1,518,000
Investment Overview
The offering represents an extremely rare opportunity to acquire a small single-tenant restaurant building NNN leased to a legendary restaurant in West Sacramento and located in a trophy irreplaceable location in the middle of Downtown West Sacramento. The property is comprised of a 3,073-square foot restaurant building with an outdoor patio area directly on West Capitol Avenue, the major traffic corridor for Downtown West Sacramento. The building sits on a 0.5-acre lot and includes a large parking lot in the back of the property, a rarity in Downtown West Sacramento. The restaurant is leased to Carol’s Restaurant on a NNN lease until December 31, 2028. Carol's is a famous sit-down restaurant established in 1988 and considered to be an institution in the city.
Carol's Restaurant (NNN) - Trophy Downtown Location
Investment Highlights
- Offered at $1,518,000, at a Cap Rate of 6.00% Year One - 6.91% Cap Rate on January 1, 2024
- NNN Leased to December 31, 2028 to a Legendary Restaurant in West Sacramento
- Located in a Trophy Irreplaceable Infill Location Across From City Hall, Sacramento City College, City Library, and City Community Center
- City of West Sacramento Is Experiencing Rapid Population and Employment Growth
- Close Proximity to Sutter Health Park Baseball Stadium, Downtown Sacramento, Bridge District, and The Railyards Master Developments
- Available Separately or Together with 1641 Merkley Ave (Advanced Auto Center, NNN Leased Until July, 2028)
Exclusively Listed By
Restaurant
Carol's Restaurant (NNN) - Trophy Downtown Location
Listing Price: $1,518,000
Investment Highlights
- Offered at $1,518,000, at a Cap Rate of 6.00% Year One - 6.91% Cap Rate on January 1, 2024
- NNN Leased to December 31, 2028 to a Legendary Restaurant in West Sacramento
- Located in a Trophy Irreplaceable Infill Location Across From City Hall, Sacramento City College, City Library, and City Community Center
- City of West Sacramento Is Experiencing Rapid Population and Employment Growth
- Close Proximity to Sutter Health Park Baseball Stadium, Downtown Sacramento, Bridge District, and The Railyards Master Developments
- Available Separately or Together with 1641 Merkley Ave (Advanced Auto Center, NNN Leased Until July, 2028)
Investment Overview
The offering represents an extremely rare opportunity to acquire a small single-tenant restaurant building NNN leased to a legendary restaurant in West Sacramento and located in a trophy irreplaceable location in the middle of Downtown West Sacramento. The property is comprised of a 3,073-square foot restaurant building with an outdoor patio area directly on West Capitol Avenue, the major traffic corridor for Downtown West Sacramento. The building sits on a 0.5-acre lot and includes a large parking lot in the back of the property, a rarity in Downtown West Sacramento. The restaurant is leased to Carol’s Restaurant on a NNN lease until December 31, 2028. Carol's is a famous sit-down restaurant established in 1988 and considered to be an institution in the city.
Exclusively Listed By
