Log In/Sign Up
Your email has been sent.
3409 Arden Way 3,670 SF Retail Building Sacramento, CA 95825 $2,650,741 CAD ($722.27 CAD/SF) 8.32% Cap Rate
INVESTMENT HIGHLIGHTS
- Strong Demographics with over 90,000 Daytime Population.
- Current Annual Ground Rent: $31,500 thru August 2026
- +/-40 Years Remaining on 100 Year Ground Lease Expiring July 2065 (Extendable).
EXECUTIVE SUMMARY
SELLER MOTIVATED TO CLOSE BY YEAR END
Landlord Friendly Lease: Long Term NNN Lease structure with minimal landlord obligations.
Value Proposition: Upcoming Dave’s rent increase will add 10% to their net income payable.
Prime Location: High Traffic Site with 44,000 ADT on Arden Way and 38,000 ADT on Watt Ave.
Multi-Tenant Operator: Dave’s franchisee is the exclusive operator in Sacramento MSA including __ other locations.
Brand Popularity: Dave’s Hot Chicken is one of the fastest-growing fast-casual restaurant brands in the nation
Brand Stability: Dave’s Hot Chicken recently acquired by $37b private equity asset manager, Roark Capital.
Landlord Friendly Lease: Long Term NNN Lease structure with minimal landlord obligations.
Value Proposition: Upcoming Dave’s rent increase will add 10% to their net income payable.
Prime Location: High Traffic Site with 44,000 ADT on Arden Way and 38,000 ADT on Watt Ave.
Multi-Tenant Operator: Dave’s franchisee is the exclusive operator in Sacramento MSA including __ other locations.
Brand Popularity: Dave’s Hot Chicken is one of the fastest-growing fast-casual restaurant brands in the nation
Brand Stability: Dave’s Hot Chicken recently acquired by $37b private equity asset manager, Roark Capital.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,670 SF
Building Class
B
Year Built
2001
Price
$2,650,741 CAD
Price Per SF
$722.27 CAD
Cap Rate
8.32%
NOI
$220,661 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
30 Spaces (7.97 Spaces per 1,000 SF Leased)
Frontage
233’ on Arden Way
AMENITIES
- Pylon Sign
- Drive Thru
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 279-0253-014 | Improvements Assessment | $3,130,371 CAD |
| Land Assessment | $1,617,153 CAD | Total Assessment | $4,747,524 CAD |
PROPERTY TAXES
Parcel Number
279-0253-014
Land Assessment
$1,617,153 CAD
Improvements Assessment
$3,130,371 CAD
Total Assessment
$4,747,524 CAD
1 of 13
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
3409 Arden Way
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.