7121 Governors CircleSacramento, CA 95823
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$6,844Turnkey NN investment opportunity located on Sacramento's high-visibility Florin Rd corridor. Sacto by Night is a 4,848 SF freestanding restaurant/bar on a 0.73 AC lot with ample parking, outdoor seating, and strong street exposure. The property is fully leased through June 2028 to an established restaurant operator under a double net (NN) lease landlord pays taxes and insurance only. Tenant covers utilities, operations, and maintenance. Current base rent of $6,500/month increases to $8,000/month in June 2026, delivering a projected CAP rate of 5.7% based on pro forma income. Zoned LC, the site offers long-term income stability with minimal landlord responsibility, making it ideal for passive investors or 1031 exchange buyers. Located near major traffic arteries, dense residential, and established commercial neighbors.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
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Last checked 2025-04-26 01:00 PM PDT
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