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752 Ikea Ct - Quick Quack Car Wash 3,600 SF Specialty Building Offered at $5,047,244 CAD at a 5% Cap Rate in West Sacramento, CA 95605
Investment Highlights
- Corporate guaranteed 20 year ground lease with 10% scheduled rental increases every 5 years.
- Located in Riverpoint Marketplace, a 1.1 million square foot superregional power center anchored by a Walmart Supercenter, Home Depot, IKEA, and Ross.
- The Property is highway visible from Interstate 80 and sees over 115,400 vehicles per day at Reed Avenue.
- Absolute net lease means zero financial responsibility for landlord.
- Parcel totals 2.18 acres (94,961 SF), nearly twice the avg size of a Quick Quack parcel. At the purchase price, this equates to $38.96/SF on the land.
- West Sacramento has a retail vacancy rate of 2.6%, which ranks as second lowest in the Sacramento Region.
Executive Summary
As the exclusive agent, Gallelli Real Estate presents the leased fee interest of a brand new Quick Quack Car Wash absolute net ground lease located at 752 Ikea Court, West Sacramento, CA 95605 (The Property). The Property sits just off Interstate 80, within the Riverpoint Marketplace, a super-regional power center anchored by a Walmart Supercenter, Home Depot, and IKEA.
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Property Facts
| Price | $5,047,244 CAD | Property Subtype | Car Wash |
| Price Per SF | $1,402.01 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 2.18 AC |
| Cap Rate | 5% | Building Size | 3,600 SF |
| Sale Condition | Ground Lease (Leased Fee) | No. Stories | 1 |
| Property Type | Specialty | Year Built | 2026 |
| Zoning | C3 - Commercial | ||
| Price | $5,047,244 CAD |
| Price Per SF | $1,402.01 CAD |
| Sale Type | Investment |
| Cap Rate | 5% |
| Sale Condition | Ground Lease (Leased Fee) |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 2.18 AC |
| Building Size | 3,600 SF |
| No. Stories | 1 |
| Year Built | 2026 |
| Zoning | C3 - Commercial |
Property Taxes
| Parcel Number | 014-793-042-000 | Improvements Assessment | $270,613 CAD |
| Land Assessment | $1,386,010 CAD | Total Assessment | $1,656,623 CAD |
Property Taxes
Parcel Number
014-793-042-000
Land Assessment
$1,386,010 CAD
Improvements Assessment
$270,613 CAD
Total Assessment
$1,656,623 CAD
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752 Ikea Ct - Quick Quack Car Wash
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