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Arco Ground Lease, Sacramento, CA

Arco Ground Lease

Sacramento, California

Price $5,000,000
Cap Rate 4.00%
NOI $200,000
Lease Term 15 Years With 12+ Years Remaining
Lease Type Absolute NNN Ground Lease, With Tenant Responsible For All Taxes, Insurance, And Maintenance, Including Roof, Structure, And Parking Lot
Rental Increases 10% Rental Increases Every Five (5) Years
Year Built 2018
Building Size 5,835 SF
Lot Size Call For Details
Status Available
Lead Broker Information Ryan Forsyth
Executive Director
415.413.3005
ryan.forsyth@cushwake.com
CA RE License #01716551

Vincent Aicale
Executive Director
415.690.5522
vince.aicale@cushwake.com
CA RE License #01728696

Michael T. Yuras, CCIM
Executive Managing Director
415.481.0788
michael.yuras@cushwake.com
CA RE License #01823291

Scott Crowle
Executive Director
415.604.4288
scott.crowle@cushwake.com
CA RE License #01318288

Investment Highlights

HIGH-QUALITY, INVESTMENT GRADE, SINGLE-TENANT ASSET
» Long-term lease to and guaranteed by BP Corporation North America Inc., rated “A-” by Standard & Poor’s
» 10% fixed rent increases every five years in initial term and extension terms, providing a hedge against inflation
» Site features a drive-thru car wash
» ARCO has more than 1,626 gas stations in the United States
» U.S. retail presence consists of approximately 7,200 BP and ARCO-branded sites, along with more than 1,000 ampm convenience stores in California, Oregon, Washington, Arizona, and Nevada
» New construction featuring eight (8) gas pumps, a convenience store, and California Burritos restaurant, bringing cross-traffic to the site

HIGH-TRAFFIC INFILL LOCATION WITH STRONG CUSTOMER BASE
» High-visibility location at the four-way, signalized intersection of Kiefer Boulevard and Bradshaw Road with access to 61,376 vehicles per day
» Immediate access to U.S. 50/El Dorado Freeway (188,000 AADT)
» Across from SMUD – Sacramento Municipal Utility District East Campus Operation Center (750 employees)
» Population of 186,064 within a five-mile radius
» Average household income of $96,121 within five miles of the location and projected to increase 13 percent by 2026

CENTRAL LOCATION NEAR SCHOOLS, LARGE EMPOLOYERS AND COMMUNITY HUBS
» Immediately surrounded by single and multi-family units, providing a stable customer base
» Convenient location near many large schools including, Rosemont High School (1,353 students) and Albert Einstein Middle School (822 students)
» Located 12 minutes from Sacramento State University (fall 2021 student enrollment of 31,588, 3,318 employees)
» Three miles from Mather Airport and minutes from Mather VA Hospital (50-beds)
» 11 miles from Downtown Sacramento (15.3 million annual visitors) with access to many State of California offices, the largest employer in the area



Property Description

The property is strategically located on the corner of the four-way, signalized intersection of Kiefer Boulevard and Bradshaw Road, with access to 61,376 vehicles per day. The site shares a lot with the local Mexican restaurant, California Burritos. Additionally, the location is within a high-traffic corridor with excellent visibility. The property is within a one-mile radius of several county offices and immediately across from SMUD – Sacramento Municipal Utility District East Campus Operation Center (750 employees). The location maintains beneficial proximity to U.S. 50/El Dorado Freeway (188,000 AADT), which provides convenient access to Sacramento State University (31,588 students, 3,318 employees) and Downtown Sacramento. Downtown Sacramento is a popular destination for residents and tourists and experiences 15.3 million annual visitors.
The property is in an infill location with strong demographics. A total of 186,064 residents live within a five-mile radius with an average household income of $96,121. The average income is projected to increase 13% by 2026, poising ARCO and Sacramento for stable concurrent growth. The site is immediately surrounded by single and multi-family units and conveniently located near many large schools including Rosemont High School (1,353 students) and Albert Einstein Middle School (822 students), increasing traffic in the area. The property is three miles from Mather Airport and minutes from Mather VA Hospital, a 60-bed, state-of-the-art, inpatient facility offering a full range of comprehensive health care services.

Contact Us About This Property

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