Listing provided courtesy of David Weinberger of Keller Williams Studio City. Last updated 2024-11-05 09:57:02.000000. Listing information © 2024 Sandicor.
Asking Price: $3,150,000
7933 Watt, Antelope CA 95843
Community:
This property was built in 2003 and is priced at $3,150,000. Please see the additional details below.
7933 Watt Avenue is a one-story, single-tenant freestanding retail asset with 265 Feet of frontage along Elverta Road. It's currently leased to O'Reilly Auto Parts. The building, constructed in 2003, is 7,009 SF and is situated in a Walmart Superstore Center with ample parking and easy customer access.This is an excellent opportunity for Investors to acquire a property with a nationally known credit tenant on an NNN lease. This specific O'Reilly Auto Parts has been at this location since 2002 and recently signed an extension through 2028 with renewal options available. The lease has rental increases every five years, enabling the Owner / Lessor to benefit from increased and predictable cash flow.