Investment Overview

The subject property is a 2008 construction with a drive-thru and is currently under a brand new 7-year absolute NNN lease, which includes 3% annual increases and two five-year options. It is home to Kiki’s Chicken, a privately held company headquartered in Sacramento, CA, which operates 25 locations and 8 food trucks throughout Northern California. The location boasts easy access and excellent visibility on North Wilson Way, with over 28,000 vehicles passing daily, and is just west of CA-99, the Golden State Highway, which sees daily traffic counts of approximately 91,000 vehicles. This area benefits from a strong mix of dining options and essential services, making it convenient for both residents and visitors. Retail synergy is excellent, with local retailers surrounding the property including O’Reilly Auto Parts, Harbor Freight, Grocery Outlet, Rite Aid, McDonald’s, 7-Eleven, AutoZone, Food 4 Less, El Pollo Loco, Starbucks, and many more. Additionally, numerous schools are nearby with strong student populations, including the University of the Pacific (approximately 6,000 students), California State University, Sacramento (approximately 32,000 students), August Elementary School (approximately 548 students), Grunsky Elementary School (approximately 464 students), Harrison Elementary School (approximately 624 students), and Stockton Early College Academy (approximately 443 students). The area also features a dense population of 145,446 residents within a 3-mile radius and nearly 300,000 residents within a 5-mile radius.