Absolute Net Ground Lease | Quick Quack Car Wash

For Sale

Absolute Net Ground Lease | Quick Quack Car Wash

752 Ikea Court - West Sacramento, CA
Property Type Retail
Property Size 3,600 SF
Price $3,700,000

Featured Overview

Please contact Gallelli team (below) for access to Offering Memorandum.

As the exclusive agent, Gallelli Real Estate presents the leased fee interest of a brand new Quick Quack Car Wash absolute net ground lease located at 752 Ikea Court, West Sacramento, CA 95605 (The Property). The Property sits just off Interstate 80, within the Riverpoint Marketplace, a super-regional power center anchored by a Walmart Supercenter, Home Depot, and IKEA.

  • Corporate guaranteed 20 year ground lease with 10% scheduled rental increases every 5 years

  • Absolute net lease means zero financial responsibility for landlord

  • Located in Riverpoint Marketplace, a 1.1 million square foot super-regional power center anchored by a Walmart Supercenter, Home Depot, IKEA, and Ross Dress for Less

  • The Property’s parcel totals 2.18 acres (94,961 SF), nearly twice the average size of a Quick Quack parcel. At the purchase price, this equates to only $38.96/SF on the land

  • West Sacramento has a retail vacancy rate of 2.6%, which ranks as second lowest in the Sacramento Region

  • Riverpoint Marketplace sees over 7 million visits annually, ranking it in the top 30% of power centers nationwide

  • Average Household Income of $124,835 within a 5-mile radius from The Property

  • Site improvements include a dedicated 2500 Amp transformer that provides electrical service for six third party owned EV charging stations

Talk to Our Team

Gary Gallelli, Jr. CEO | Partner

Gary is a second generation real estate professional with over 31 years of commercial real estate experience. He began his brokerage career with Grubb & Ellis in 1992 and within his second year, was named Overall Top Producer.

CA DRE #01099383
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Adam Rainey
Adam Rainey Associate Vice President

Adam was born and raised in the Sacramento area and now lives locally in Rocklin, CA. For the past decade, he has been in the construction industry and has worked mainly in the heating and air trade.

CA DRE #02113888
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Pat Ronan
Pat Ronan Vice President

Pat Ronan earned a Bachelor of Science degree in Business (Finance) from California State University, Sacramento in 1996. After 5 years with a Global Asset Management firm, Pat entered commercial real estate.

CA DRE #01410074
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Aman Bains
Aman Bains Associate Vice President

Aman joined Gallelli Real Estate after spending close to 15 years in community banking in the greater Sacramento market focusing on commercial real estate and agribusiness. His primary drivers throughout his career have been to build lifelong relationships by delivering excellent customer service and being a trusted subject matter expert in his field.

CA DRE #02101492
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