Log In/Sign Up
Your email has been sent.
Fully Leased Multi-Tenant Retail + Value Add 7145 Watt Ave 9,811 SF 100% Leased Retail Building North Highlands, CA 95660 $2,226,811 CAD ($226.97 CAD/SF) 6.51% Cap Rate



Investment Highlights
- Fully leased ±9,800 SF multi-tenant retail center on 1.1 acres
- Stable tenant mix with long-term occupancy history and strong in-place cash flow
- Adjacent to McClellan Business Park, one of the region's largest employment centers
- Prime signalized hard-corner location at Watt Avenue & Q Street with monument signage
- Value-add opportunity through ±9,500 SF secured fenced yard with projected bonus income of $1,000–$2,000/month
- Positioned within the North Watt Avenue Specific Plan area, benefiting from future housing, redevelopment, and infrastructure growth
Executive Summary
7145 Watt Avenue is a fully leased ±9,800 SF, multi-tenant retail center (shadow anchored by Quick Quack Car Wash) situated on a highly visible 1.1-acre signalized hard-corner at Watt Avenue and Q Street in North Highlands (Sacramento County). The property features three established and long-term tenants, durable tilt-up concrete construction, a recently replaced roof (2022), and a combination of NNN and modified gross leases that provide stable cash flow. A significant value-add opportunity exists through the ±9,500 SF secured fenced yard, which is currently being positioned for approval as an outdoor events space that will generate an additional $2,000 per month of bonus income, offering future upside beyond the in-place revenue stream. Strategically located adjacent to McClellan Business Park and Airfield, near Business 80, I-80, light rail, and major retail services, the property is well positioned to benefit from continued residential growth, redevelopment, and infrastructure investment throughout the North Watt Avenue corridor.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,811 SF
Building Class
C
Year Built
1983
Price
$2,226,811 CAD
Price Per SF
$226.97 CAD
Cap Rate
6.51%
NOI
$144,892 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.12
Lot Size
1.91 AC
Zoning
GC (General Commercial)
Parking
98 Spaces (10 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 208-0133-038 | Improvements Assessment | $1,017,501 CAD |
| Land Assessment | $687,322 CAD | Total Assessment | $1,704,823 CAD |
Property Taxes
Parcel Number
208-0133-038
Land Assessment
$687,322 CAD
Improvements Assessment
$1,017,501 CAD
Total Assessment
$1,704,823 CAD
1 of 18
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
Fully Leased Multi-Tenant Retail + Value Add | 7145 Watt Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
