2609 Riparian Drive

Elk Grove

2609 Riparian Drive

Region: Elk Grove
Use: Restaurant
Lot Size: .83 acres
Lease or Sale: Sale
Building Size: ±2,726 SF
Sale Price: $3,025,000

Turton Commercial Real Estate is pleased to offer the sale of 2609 Riparian Drive/2609 W Taron Court, a highly trafficked, single-tenant, drive-thru Quick Service Restaurant (QSR) with a 10 year corporate guaranteed NNN ground lease in place with Carl’s Jr. The Subject Property is being offered at a purchase price of $3,025,000.00, representing a 4% capitalization rate on annual base rent.

This Carl’s Jr. boasts high traffic counts thanks to its strategic location directly off of the Interstate 5 highway (average vehicle count of 81,400 vehicles per day) along Elk Grove Blvd, which sees an average of 25,000 vehicles daily (per costar 2020 data).

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