Restaurant

Extreme Hummus

7820 Zenith Dr, Citrus Heights, CA 95621

Listing Price: $570,000

Cap Rate
7.05%
Tenant Name
Extreme Hummus
Years Remaining On Lease
3.7
Gross SF
1,500
Rentable SF
1,500
Price/Gross SF
$380.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.78

Investment Overview

The offering is a 1,500-square foot net-leased restaurant located in an established location in the city of Citrus Heights, California. More specifically, the property is located at the signalized corner of Antelope Road and Zenith Drive within the grocery anchored shopping center known as SummerHills Plaza. SummerHills Plaza is a regional shopping center home to Raleys, Wells Fargo, Dollar Tree, Round Table, Dutch Brothers (grand opening November 2020), Wendys, OReilly auto parts, USPS, and other national retailers. This property is adjacent to the Antelope exit of Interstate 80 and approximately 20 minutes west of Sacramento, and 12 minutes east of Roseville, California.

Extreme Hummus is a Mediterranean style restaurant that has flourished during the pandemic as a result of their quick service and drive-thru access. Extreme Hummus offers meals of excellent quality with a friendly environment. The key to their success is simple: provide quality consistent food that taste great every single time. They pride themselves on serving their customers delicious genuine Mediterranean and Greek dishes.

Extreme Hummus has been at this location for over six years and extended their lease in October of 2019 for an additional five years showing their dedication to this location. This is one of five office/retail pads being offered for sale within the SummerHills plaza.
Offered at $525,000 an investor has an opportunity to own an easy to manage asset with an established tenant. On the extreme off-chance the property were to ever become vacant, the asset could easily be developed into any QSR (quick service restaurant) because of its existing drive thru, ideal location in the plaza, and proximity to Interstate 80. An investor can also purchase this property or the entire office/retail portfolio for $3,044,080 or $192 per square foot.

Investment Highlights

  • Minimal Landlord Responsibility (Roof and Structure Only)
  • Established Operating History
  • Drive-thru
  • Immediate Access to Interstate 80
  • 4.5 Star Rating on Google and Yelp
  • Future Up-side Opportunity to Lease to National or Regional Tenant

Exclusively Listed By

Listing Price: $570,000

Cap Rate
7.05%
Tenant Name
Extreme Hummus
Years Remaining On Lease
3.7
Gross SF
1,500
Rentable SF
1,500
Price/Gross SF
$380.00
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$26.78

Investment Highlights

  • Minimal Landlord Responsibility (Roof and Structure Only)
  • Established Operating History
  • Drive-thru
  • Immediate Access to Interstate 80
  • 4.5 Star Rating on Google and Yelp
  • Future Up-side Opportunity to Lease to National or Regional Tenant

Investment Overview

The offering is a 1,500-square foot net-leased restaurant located in an established location in the city of Citrus Heights, California. More specifically, the property is located at the signalized corner of Antelope Road and Zenith Drive within the grocery anchored shopping center known as SummerHills Plaza. SummerHills Plaza is a regional shopping center home to Raleys, Wells Fargo, Dollar Tree, Round Table, Dutch Brothers (grand opening November 2020), Wendys, OReilly auto parts, USPS, and other national retailers. This property is adjacent to the Antelope exit of Interstate 80 and approximately 20 minutes west of Sacramento, and 12 minutes east of Roseville, California.

Extreme Hummus is a Mediterranean style restaurant that has flourished during the pandemic as a result of their quick service and drive-thru access. Extreme Hummus offers meals of excellent quality with a friendly environment. The key to their success is simple: provide quality consistent food that taste great every single time. They pride themselves on serving their customers delicious genuine Mediterranean and Greek dishes.

Extreme Hummus has been at this location for over six years and extended their lease in October of 2019 for an additional five years showing their dedication to this location. This is one of five office/retail pads being offered for sale within the SummerHills plaza.
Offered at $525,000 an investor has an opportunity to own an easy to manage asset with an established tenant. On the extreme off-chance the property were to ever become vacant, the asset could easily be developed into any QSR (quick service restaurant) because of its existing drive thru, ideal location in the plaza, and proximity to Interstate 80. An investor can also purchase this property or the entire office/retail portfolio for $3,044,080 or $192 per square foot.

Exclusively Listed By

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