FOR SALE OR LEASE> ±9,584 SF FREESTANDING RESTAURANT BUILDING 1625 Watt Avenue WATT AVENUE & ARDEN WAY, SACRAMENTO, CALIFORNIA Highlights > ±9,584 square foot freestanding building > ±1.21 acre site with 71 parking spaces > Recently-renovated, fully improved restaurant building > High identity location in a prime retail trade area > Heavily-trafficked intersection, over 50,000 cars per day > Highly-visible monument and building signage > Strong residential and daytime population Traffic Count > Watt Avenue @ Arden Way: 50,084 ADT > Arden Way @ Watt Avenue: 22,124 ADT Demographic Snapshot 1 Mile 3 Miles 5 Miles Population 16,610 144,257 332,104 Daytime Population 18,687 166,145 383,255 Households 6,808 60,490 130,824 Average Income $80,656 $70,554 $66,946 Pricing > Sale Price: $2,200,000 > Lease Rate: $1.50/SF NNN (Estimated Operating Expenses: ±$0.50/SF) COLLIERS INTERNATIONAL MARK ENGEMANN MICHAEL DRAEGER San Francisco Peninsula
[email protected] [email protected] 203 Redwood Shores Pkwy, Ste 125 +1 916 563 3007 +1 650 486 2221 Redwood City, CA 94065 CA License No. 00865424 CA License No. 01766822 colliers.com/redwoodcity FOR SALE OR LEASE> ±9,584 SF FREESTANDING RESTAURANT BUILDING 1625 Watt Avenue WATT AVENUE & ARDEN WAY, SACRAMENTO, CALIFORNIA Market Square Country Club Centre Country Club Plaza Arden & Watt Point West Plaza Arden Plaza Arden Square 1625 WATT AVENUE Arden Watt Marketplace MARK ENGEMANN MICHAEL DRAEGER
[email protected] [email protected] +1 916 563 3007 +1 650 486 2221 CA License No. 00865424 CA License No. 01766822 FOR SALE OR LEASE> ±9,584 SF FREESTANDING RESTAURANT BUILDING 1625 Watt Avenue WATT AVENUE & ARDEN WAY, SACRAMENTO, CALIFORNIA EXISTING ADJACENT SINGLE STORY OFFICE BUILDING Site Plan PROJECT SUMMARY THIS PROJECT IS A PROPOSED RENOVATION OF AN EXISTING RESTAURANT BUILDING.