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.
The median home value in Antelope, CA is $535,500. This is higher than the county median home value of $489,000. The national median home value is $338,100. The average price of homes sold in Antelope, CA is $535,500. Approximately 67.32% of Antelope homes are owned, compared to 31.32% rented, while 1.37% are vacant. Antelope real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Antelope real estate agent to arrange a tour today!
Antelope, California has a population of 48,421. Antelope is more family-centric than the surrounding county with 36.13% of the households containing married families with children. The county average for households married with children is 33.01%.
The median household income in Antelope, California is $86,221. The median household income for the surrounding county is $76,422 compared to the national median of $69,021. The median age of people living in Antelope is 35.7 years.
The average high temperature in July is 93.9 degrees, with an average low temperature in January of 39 degrees. The average rainfall is approximately 21.2 inches per year, with 0 inches of snow per year.