For Sale
$6,355,000

4011 Sunrise BlvdRancho Cordova, CA 95742

9,000 SF, 100% Leased, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional 9,000-square-foot retail pad, built in 2023, presents a compelling investment opportunity in Rancho Cordova, California. Located at the signalized intersection of Sunrise Boulevard and Douglas Road, this property boasts a high-traffic location with 44,000 cars passing daily. The property is 100% leased to a diverse mix of high-profile tenants: Pacific Dental Services, Round Table Pizza, and Southern Veterinary Partners (opening in 2025). These tenants are established national brands with long-term (10+ years) NNN leases featuring built-in rent increases, ensuring a stable and growing income stream. The property's strong NOI of $359,021 and a 5.65% cap rate make it an attractive investment. The 2.04-acre lot is situated within a thriving retail corridor, anchored by national brands such as Raley's, Chase Bank, Chipotle, and Starbucks, further enhancing its value and appeal. The area's affluent demographics, with over 92,000 people within a 5-mile radius and an average household income of $156,000, contribute to the property's strong performance. Rancho Cordova's robust economic growth, including 65,000 jobs and 3,500 businesses within the city, solidifies this investment's long-term potential. The property's convenient access to U.S. Route 50, a major thoroughfare with 172,000 cars per day, ensures excellent visibility and accessibility. This multi-tenant property offers a secure, high-return investment in a prime location within a rapidly growing market. The asking price is $6,355,000.

Highlights

  • 9,000 SF, three-tenant retail pad, 100% leased to Pacific Dental Services, Round Table Pizza, and Southern Veterinary Partners (opening 2025).
  • New, long-term NNN leases with built-in rent increases.
  • Brand new 2023 construction.
  • High-profile tenants: Pacific Dental Services, Round Table Pizza, and Southern Veterinary Partners.
  • High-traffic location at Sunrise Blvd and Douglas Rd intersection (44,000 cars/day).
  • Strong surrounding retail with national brands including Raley's, Chase Bank, Chipotle, and Starbucks.

Property Details for 4011 Sunrise Blvd

Property type
Retail properties, Retail space
Year Built
2023
Lot Size (sq. ft)
88,862 SF

Location Insight

City
Rancho Cordova
County
Sacramento
State
California
Latitude
38.558348735613
Longitude
-121.24290405312
4011 Sunrise Blvd, Rancho Cordova, California

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4011 Sunrise Blvd
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