Retail Center for Sale in Sacramento, California, USA

3 National Retail Tenants Shopping Center

$2,350,000 - 7% CAP rate

Investment Overview:
Opprtunity to acquire a fee simple interest in a multi-tenant retail center in Sacramento, California.
The Property is strategically positioned at the signalized intersection of Watt and Myrtle Avenues a half mile from 1.2 million square feet of office and industrial property known as McClellan Business Park. The Property includes ±4,439 SF of improvements situated on approximately 30,492 SF of land.

Key attributes of the Property are as follows:

• 100% NNN leased to 3 nationally recognized tenants: It’s A Grind!, Payday Loans, & Quiznos Subs
• High daytime population due to the 1.2 million SF McClellan Park located less than ½ a mile away which is projected to employ over 34,000 people at completion.
• More than 266,670 people within a 5-mile trade area, earning an Average Household Income of $63,502.
• Located at the signalized intersection of Watt and Myrtle Avenues • Traffic exposure on Watt Avenue: 49,250 cars per day.
• Newer high quality construction completed in 2004; No deferred maintenance.
• Functional strip center site plan: efficiently sized tenant suites with shallow bay depths promote future leasing/re-tenanting flexibility.