Duong Investment Group

SDS Automotive for Sale

3261 Northgate Boulevard, Sacramento, CA 95833

Property Description

Price: $2,880,000
Price Per/SF: $307.30
Land Area: ±0.50 Acres (±21,862 SF)
Cap Rate: 5.00%
Gross Leasable Area: ±9,372 SF
Year Built: 1989

Investment Highlights

Brand New 20-Year Absolute NNN Lease

Rare Annual CPI Increases with No Cap and a Minimum of 3% Throughout the Initial Term and Options Provide for an Excellent Hedge Against Inflation

Tenant has been Operating this Location for Over 20 Years

Prime Retail Location

  • The Subject Property is Located On Northgate Blvd (Traffic Counts Exceed 26,000 Cars Per Day)
  • Across from Smart & Final Anchored Shopping Center
  • Centrally Located Near Major Retailers such as Foods Co, O’Reilly Auto Parts, Shell, ARCO, Dollar Tree, Quick Quack Car Wash, DD’s Discounts, Subway, Pep Boys, KFC, McDonald’s, and Many More

Proven SDS Automotive Location

  • Absolute NNN Property with Zero Landlord Responsibilities – Ideal for Investors Not Local to the Market
  • Tenant has Just Signed New Lease Expanding into Remainder of the Building Showing a Great Commitment to their Success
  • Personal Guarantee from Tenant

Pride of Property Ownership in Sacramento, CA

  • Large Customer Base – Dense, Infill Location with Over 331,000 Residents Within 5 Miles
  • Affluent Area with the Average Household Income Exceeding $88,000 Within 5 Miles
  • Sacramento has Experienced a 21% Population Growth Since 2010
  • Sacramento is the Third Fastest Growing Metropolitan Area in California, with a Projected Growth of 55.4% over the Next 30 years

Broker of Record: Adam Christofferson, Lic. CA 00530854

Contact Information

Craig Elster
Vice President Investments
Director, Net Leased Properties Group
(949) 419-3223
craig.elster@marcusmillichap.com
License: CA 01958307

Ron Duong
Senior Managing Director Investments
Senior Director, National Retail Group
(949) 419-3233
ron.duong@marcusmillichap.com
License: CA 01438643