Krispy Kreme Absolute NNN Sale-Leaseback | 5900 Florin Rd
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Krispy Kreme Absolute NNN Sale-Leaseback 5900 Florin Rd
1,901 SF Retail Building Sacramento, CA 95823 $2,100,000 ($1,105/SF) 5.75% Cap Rate
Investment Highlights
- Brand New 15-Year Absolute NNN Lease | Sale-Leaseback Offering | 10% Increases Every 5 Years | Four, 5-Year Renewal Options
- 6 Miles SE of Downtown Sacramento | Hard Corner Location at the Intersection of E Southgate Dr and Florin Rd (71,882 VPD)
- Across From Florin Towne Centre | 480,455 SF | Walmart Supercenter, AutoZone, PetSmart, Dollar Tree, GNC, Verizon, Starbucks, McDonald's, etc.
- Limited Competition | Only Krispy Kreme Location in Sacramento
- Built-In Customer Base | Over 7,130 Households Within 1 Mile
- Sacramento, CA MSA Advantage | MSA Population 2.5 Million
Executive Summary
**Purchase Price is fixed. Interested parties are asked to bid on this opportunity by adjusting the rent/cap rate.
CBRE is pleased to exclusively offer for sale the 1,901-square-foot Krispy Kreme situated on 0.51 acres in Sacramento, CA (MSA Population: 2.5 million). At closing, Krispy Kreme will execute a brand new 15-year absolute NNN lease with 10% rent increases every 5 years throughout the initial term and in each of the four 5-year renewal options. This location is Sacramento’s only Krispy Kreme with the next-closest stores in Roseville (27 miles northeast) and Vacaville (38 miles west).
CBRE is pleased to exclusively offer for sale the 1,901-square-foot Krispy Kreme situated on 0.51 acres in Sacramento, CA (MSA Population: 2.5 million). At closing, Krispy Kreme will execute a brand new 15-year absolute NNN lease with 10% rent increases every 5 years throughout the initial term and in each of the four 5-year renewal options. This location is Sacramento’s only Krispy Kreme with the next-closest stores in Roseville (27 miles northeast) and Vacaville (38 miles west).
Property Facts
Sale Type
Investment NNN
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,901 SF
Building Class
C
Year Built/Renovated
1979/2013
Price
$2,100,000
Price Per SF
$1,105
Cap Rate
5.75%
NOI
$120,750
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Land Acres
0.51 AC
Zoning
LC - Light Commercial
Parking
18 Spaces (9.47 Spaces per 1,000 SF Leased)
Frontage
137 FT on Florin Road
Amenities
- Corner Lot
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
Walk Score ®
Very Walkable (80)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 050-0480-011 | Improvements Assessment | $1,224,000 |
| Land Assessment | $918,000 | Total Assessment | $2,142,000 |
PROPERTY TAXES
Parcel Number
050-0480-011
Land Assessment
$918,000
Improvements Assessment
$1,224,000
Total Assessment
$2,142,000
-
Brian Pfohl -
Thomas Carr -
Christopher Bosworth -
Eric Dyer -
Ian Schroeder -
Leah Lindell -
Kaitlyn Wolf -
Abby Kelly -
CBRE
1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Krispy Kreme Absolute NNN Sale-Leaseback | 5900 Florin Rd
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.