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Auto Service - Gas-Conv

Advanced Auto Center (NNN)

1641 Merkley Ave, West Sacramento, CA 95691

Listing Price: $1,100,000

Cap Rate
5.96%
Tenant Name
Advanced Auto Center
Years Remaining On Lease
6.1
Gross SF
5,945
Guarantor
Private Guarantee
Rentable SF
5,945
Price/Gross SF
$185.03
Lease Type
Triple Net (NNN)

Investment Overview

The offering represents an extremely rare opportunity to acquire a small single-tenant auto-repair facility building NNN leased to Advanced Auto Center and located in a highly desirable location in West Sacramento, California. The property is comprised of a 5,945-square foot restaurant building on Merkley Avenue. The building sits on a signalized corner 0.4-acre parcel and is NNN leased to Advanced Auto Center, a successful auto repair facility. The building is located directly adjacent to the Yolo High School, adjacent to the USPS office (current being expanded), and across the street from a Raley’s-anchored shopping center and KFC. Additionally, the property is located minutes from Sutter Health Park Baseball, in close proximity to the freeways, and minutes to “The Bridge District” and “The Railyards” - two of the largest infill developments in Downtown West Sacramento and Downtown Sacramento respectively. The property is offered separately or together with 1201 W Capitol Avenue, another infill single-tenant investment located less than 0.5-miles away and leased to Carol’s Restaurant on a NNN lease until December 31, 2028. Both properties offer a rare opportunity to purchase passive investment buildings in a highly desirable and rapidly growing city, both located in “trophy” irreplaceable locations assuring strong intrinsic value of the real estate for future generations.

Investment Highlights

  • Offered at $1,100,000, at a Cap Rate of 6.00% on Year One - 6.31% Cap Rate on July 1, 2023
  • NNN Leased to June 30, 2028 to Advanced Auto Center
  • Located in a Trophy Irreplaceable Infill Location Adjacent to Yolo High School and USPS, and Across from Railey's and KFC
  • 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 Together or Separately from 1201 W Capitol Avenue (Carol's Restaurant, NNN Leased until December 31, 2028)

Exclusively Listed By

Auto Service - Gas-Conv

Advanced Auto Center (NNN)

Listing Price: $1,100,000

Cap Rate
5.96%
Tenant Name
Advanced Auto Center
Years Remaining On Lease
6.1
Gross SF
5,945
Guarantor
Private Guarantee
Rentable SF
5,945
Price/Gross SF
$185.03
Lease Type
Triple Net (NNN)

Investment Highlights

  • Offered at $1,100,000, at a Cap Rate of 6.00% on Year One - 6.31% Cap Rate on July 1, 2023
  • NNN Leased to June 30, 2028 to Advanced Auto Center
  • Located in a Trophy Irreplaceable Infill Location Adjacent to Yolo High School and USPS, and Across from Railey's and KFC
  • 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 Together or Separately from 1201 W Capitol Avenue (Carol's Restaurant, NNN Leased until December 31, 2028)

Investment Overview

The offering represents an extremely rare opportunity to acquire a small single-tenant auto-repair facility building NNN leased to Advanced Auto Center and located in a highly desirable location in West Sacramento, California. The property is comprised of a 5,945-square foot restaurant building on Merkley Avenue. The building sits on a signalized corner 0.4-acre parcel and is NNN leased to Advanced Auto Center, a successful auto repair facility. The building is located directly adjacent to the Yolo High School, adjacent to the USPS office (current being expanded), and across the street from a Raley’s-anchored shopping center and KFC. Additionally, the property is located minutes from Sutter Health Park Baseball, in close proximity to the freeways, and minutes to “The Bridge District” and “The Railyards” - two of the largest infill developments in Downtown West Sacramento and Downtown Sacramento respectively. The property is offered separately or together with 1201 W Capitol Avenue, another infill single-tenant investment located less than 0.5-miles away and leased to Carol’s Restaurant on a NNN lease until December 31, 2028. Both properties offer a rare opportunity to purchase passive investment buildings in a highly desirable and rapidly growing city, both located in “trophy” irreplaceable locations assuring strong intrinsic value of the real estate for future generations.

Exclusively Listed By

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