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7301-7347 Greenback Ln
Citrus Heights, CA 95621

$28,150,000 USD

Storefront For Sale  •  132,937 SF

Property Details

  • Property Type Storefront
  • Total Building Size 162,769 SF
  • Lot Size 15.58 AC
  • Building Class C
  • Year Built 1977
  • Cap Rate 6.31 %
  • Tenancy Multiple
  • Zoning SC
0 Transit Score
74 Walk Score

Highlights

Grocery-anchored neighborhood shopping center featuring all triple-net leases
Substantial, self-funded tenant improvement project by Safeway in 2019
Recent five-year option exercised by Dollar Tree
Value-add through conversion of below-market, modified gross leases to market correct rates and NNN leases

Property Flyers

Cap Rate: 6.31 %

Major Tenants

Tenant SF Occupied Lease End Date
Dollar Tree 11,560 SF 1/31/2030
Safeway 66,885 SF 1/31/2029

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Roseville (California Zephyr - Amtrak, Capitol Corridor - Amtrak) 13 min - 5.7 mi
Rocklin Amtrak Station (Capitol Corridor - Amtrak) 15 min - 9.0 mi
AirportDriveWalkDistance
Sacramento International 30 min - 21.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Quentin Caruso 415-625-2180 Marcus & Millichap
Quentin Caruso 415-625-2180 Marcus & Millichap