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2648 Watt Ave
Sacramento, CA 95821
Union Bank Plaza · Retail Property For Sale

Property Facts

Property Type
Retail
Building Size
14,288 SF
Building Class
B
Year Built
1992
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.11 AC
Zoning
SC
Parking
55 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
240’ on Watt Ave & Kings Way

Amenities

  • Pylon Sign
  • Signalized Intersection

About 2648 WATT AVE , SACRAMENTO, CA 95821

This Starbucks anchored retail center built in 1992 offers a balanced verity of tenants and offerings. The favorable lease rates offer future upside making this a desirable investment for either a 1031 Exchange Buyer or straight Investor. The building boasts patios and a clean refinished facade. With its open layout and easy accessibility to the road via ample ingress and egress points. The property is surrounded by national Tenants and is adjacent to Union-Bank and Wendy’s. Th multitude of uses in the center welcome a wide variety of patrons. The convenient location of this property puts it in walking distance of the Country Club Plaza Mall and the Del Paso Country Club. This property is located at the high traffic intersection of Watt Avenue and El Camino Avenue which is known as the dominant retail intersection of central Sacramento. There is a strong day time population with AT&T Corporate Center and offices in close proximity to the property, with other surrounding offices including Kaiser Permanente creating a strong daytime population. Being just 5 miles northeast of Downtown Sacramento gives excellent access to the entire Sacramento Region through the Capital City Freeway (Business Loop 80), Interstate 80 and Interstate 5. Watt Ave is a main North South arterial connecting Highway 50 to the South and Highway 80 to the north. Starbucks anchored retail center with traffic counts of 60,000K+ cars per day pass in front of this offering daily along Watt Avenue. The property is heavily surrounded by national retail, office and service providing tenants. Major surrounding retailers include: Wendy’s, Dollar Tree, UnionBank, Popeye’s Chicken, Del Taco, McDonalds, Raley’s, WinCo Foods, County Club Lanes Bowling, Goodwill, US Bank, Ace Hardware and more.

Property Taxes

Property Taxes

Parcel Number
269-0090-058
Land Assessment
$880,802
Improvements Assessment
$2,515,062
Total Assessment
$3,395,864
  • Listing ID: 15578340

  • Date on Market: 3/29/2019

  • Last Updated:

  • Address: 2648 Watt Ave, Sacramento, CA 95821

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