Freestanding For Sale • 7,139 SF
Busy Downtown hard-corner location | Low $207 per per square foot |
1,400+ new residential developments located 1-mile west of the subject property |
100% occupied | 4 of 6 tenants have been at this location for over 10 years |
All leases have annual rent increases of 3% to 5% |
Major capital improvements over the past 5 years include a new roof, parking striping & sealing and two new HVAC units |
Same ownership and self-managed since 1985 |
Cap Rate: | 6.83 % |
Total Expenses: | $21,256 USD |
Tenant | SF Occupied | Lease End Date |
---|---|---|
AHL Home Loans | 1,630 SF | 2/28/2025 |
Divina's Beauty Salon | 459 SF | 4/30/2025 |
Dream Home RE | 550 SF | 4/30/2027 |
Nino's Barber Shop | 900 SF | 4/30/2025 |
Taqueria Panchita | 800 SF | 2/28/2025 |
The Creative Space | 2,800 SF | 2/28/2025 |
Airport | Drive | Walk | Distance |
---|---|---|---|
Sacramento International | 33 min | - | 27.9 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 15 |
Type: | Surface |
Included in Rent: | Yes |