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Golden Corral - Major Price Reduction 4940 Watt Ave 14,400 SF Retail Building North Highlands, CA 95660 $3,900,000 ($270.83/SF)



INVESTMENT HIGHLIGHTS
- 14,400 sq ft., 2nd Generation Restaurant Building - formerly Golden Corral
- Newer construction - 2010
- High Identity - High Exposure - Restaurant Row
- Large lot- 2.61 Acres - excellent parking lot for large restaurants, banquet and wedding halls
- Significantly below replacement value at $315 sq. ft.
- Average Daily Traffic - 48,972 cars per day - strong traffic
EXECUTIVE SUMMARY
Freestanding, second generation restaurant building. Built in 2010 and in good condition.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
14,400 SF
Building Class
B
Year Built
2010
Price
$3,900,000
Price Per SF
$270.83
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
2.61 AC
Zoning
SPA - Land Use Description - Restaurant Building
Parking
125 Spaces (8.68 Spaces per 1,000 SF Leased)
Frontage
95’ on Watt Ave
AMENITIES
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 228-0251-053 | Improvements Assessment | $2,080,000 |
| Land Assessment | $1,820,000 | Total Assessment | $3,900,000 |
PROPERTY TAXES
Parcel Number
228-0251-053
Land Assessment
$1,820,000
Improvements Assessment
$2,080,000
Total Assessment
$3,900,000
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Golden Corral - Major Price Reduction | 4940 Watt Ave
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