8796 Calvine Rd | Elk Grove, CA 95624
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- LoopNet Team
8796 Calvine Rd
Elk Grove, CA 95624
New NorCal ARCO am/pm - S&P Rated "A-" Tenant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- New 15-year absolute NNN lease with 10% rent increases every 5 years
- The tenant, BP Products North America, Inc., maintains an S&P investment grade credit rating of “A-” with a “stable” outlook
- For the year ending December 31, 2024, BP reported revenues of $189 Billion and maintains a market cap of $92.5 Billion
- ARCO am/pm is one of the largest convenience store chains in the United States, with over 1,566 locations
- BP Products North America Inc., a subsidiary of BP p.l.c. (NYSE: BP), is the largest oil and gas producer and one of the largest gasoline retailers
- Located on the densest, highest traffic, retail intersection in Elk Grove, and south Sacramento County, with combined traffic counts over 85,000 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Service Station
Building Size
3,349 SF
Building Class
B
Year Built
2025
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.02
Lot Size
5.02 AC
Zoning
AR 5
Frontage
295’ on Calvine Rd
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 115-2010-007 | Improvements Assessment | $0 |
| Land Assessment | $925,538 | Total Assessment | $925,538 |
PROPERTY TAXES
Parcel Number
115-2010-007
Land Assessment
$925,538
Improvements Assessment
$0
Total Assessment
$925,538
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