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Restaurant

Domino's Sacramento

3119 Broadway, Sacramento, CA 95817

Listing Price: $800,000

Cap Rate
5.00%
Tenant Name
Domino's
Years Remaining On Lease
2.4
Guarantor
Franchisee Guarantee
Rentable SF
1,717
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.21

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee-simple ownership in a NNN, free standing, Domino’s Pizza investment opportunity located in desirable city of Sacramento, California. The franchisee operator has two+ years remaining on their initial term with three-(five) year options to extend, illustrating their commitment to the site. The lease features rare three percent annual increases throughout the initial term and option periods. The Domino’s Pizza comprises of approximately 1,717 square feet of building situated upon 6,480 square feet of land. 3119 Broadway is located at the signalized, hard corner intersection of Broadway and Alhambra Boulevard with +/- 27,000 cars per day. The site benefits from excellent visibility and access with multiple points of ingress and egress. Additionally, the subject property is located less than half a mile away from the highly traveled South Sacramento Freeway and El Dorado Highway Intersection with over 491,000 cars per day. Domino’s Pizza is located near prominent sites like the California State Capitol Museum, UC Davis School of Medicine, and Sacramento City College. It is also on a prominent retail corridor with national/credit tenants that include Smart & Final, Walgreens, McDonalds, O’Reilly’s Auto Parts, Chase Bank, and more, further increasing consumer draw to the property. The five-mile trade area is supported by a dense population of over 400,000 and an average household income of $77,259.

Investment Highlights

  • Modified NNN – Fee Simple Lease With Structural Landlord Responsibility & Rare Three Percent Annual Rent Increases
  • Signalized Hard Corner With Over 27,000 Cars Per Day With Excellent Visibility
  • High Barrier to Entry Market
  • Prominent Retail Corridor – Large National Credit/Tenant Presence
  • Rare Sacramento Offering Nearby to Prominent Locations like the California State Capitol Museum, UC Davis School of Medicine, and Sacramento City College
  • Close Proximity To South Sacramento Freeway and El Dorado Highway Intersection With Over 491,000 Cars Per Day
  • Strong Affluent Population of 400,821 People in Five-Mile Trade Area with an Average Household Income of $77,259

Exclusively Listed By

Financing By

Listing Price: $800,000

Cap Rate
5.00%
Tenant Name
Domino's
Years Remaining On Lease
2.4
Guarantor
Franchisee Guarantee
Rentable SF
1,717
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$23.21

Investment Highlights

  • Modified NNN – Fee Simple Lease With Structural Landlord Responsibility & Rare Three Percent Annual Rent Increases
  • Signalized Hard Corner With Over 27,000 Cars Per Day With Excellent Visibility
  • High Barrier to Entry Market
  • Prominent Retail Corridor – Large National Credit/Tenant Presence
  • Rare Sacramento Offering Nearby to Prominent Locations like the California State Capitol Museum, UC Davis School of Medicine, and Sacramento City College
  • Close Proximity To South Sacramento Freeway and El Dorado Highway Intersection With Over 491,000 Cars Per Day
  • Strong Affluent Population of 400,821 People in Five-Mile Trade Area with an Average Household Income of $77,259

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the fee-simple ownership in a NNN, free standing, Domino’s Pizza investment opportunity located in desirable city of Sacramento, California. The franchisee operator has two+ years remaining on their initial term with three-(five) year options to extend, illustrating their commitment to the site. The lease features rare three percent annual increases throughout the initial term and option periods. The Domino’s Pizza comprises of approximately 1,717 square feet of building situated upon 6,480 square feet of land. 3119 Broadway is located at the signalized, hard corner intersection of Broadway and Alhambra Boulevard with +/- 27,000 cars per day. The site benefits from excellent visibility and access with multiple points of ingress and egress. Additionally, the subject property is located less than half a mile away from the highly traveled South Sacramento Freeway and El Dorado Highway Intersection with over 491,000 cars per day. Domino’s Pizza is located near prominent sites like the California State Capitol Museum, UC Davis School of Medicine, and Sacramento City College. It is also on a prominent retail corridor with national/credit tenants that include Smart & Final, Walgreens, McDonalds, O’Reilly’s Auto Parts, Chase Bank, and more, further increasing consumer draw to the property. The five-mile trade area is supported by a dense population of over 400,000 and an average household income of $77,259.

Exclusively Listed By

Financing By

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