7933 Watt Ave
- Shadow-Anchored by a Walmart Superstore Center
- Long Term National Credit Tenant
- Corporate Guarantee
- Excellent Visibility
Property Description
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.
Broker Details
Keller Williams Realty Studio City (818) 432-1507
MLS ID: C115165 State License Number: 01349349
Broker Details
The Seymour | Weinberger Group 310.775.7529
MLS ID: C134765 State License Number: 02089901
Broker Details
The Seymour | Weinberger Group 818.970.0915
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $3,150,000 |
| Average Occupancy: | 4.2% |
| Year Built: | 2003 |
| Lot Size: | 7,009.00 Sq ft |
| Opportunity Zone: | No |
| Property Website | Click Here |
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