6001 Florin RdSacramento, CA 95823
High-yield, multi-tenant retail center in Sacramento.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 116
Highlights
- 7,799 SF Class B shopping center in Sacramento, CA, built in 2008, on a 0.6-acre lot.
- 100% occupancy with Mattress Firm and Wayback Burgers on long-term NNN leases, offering a weighted average lease term remaining of approximately 10 years.
- Strong NOI of $229,538, resulting in a 7.50% capitalization rate; asking price: $3,061,000 ($392.49/SF).
- Strategically located in a dominant community center with nearby Walmart, Chuze Fitness, PetSmart, and AutoZone, ensuring high visibility and traffic.
- Leases include a 10-15% administrative fee recapture provision.
Property Details for 6001 Florin Rd
- Property type
- Lifestyle centers, Power centers
- Square Feet
- 7,799 SF
- Class
- B
- Year Built
- 2008
- Buildings
- 1
- Stories
- 1
- Lot Size (sq. ft)
- 26,136 SF
Location Insight
- City
- Sacramento
- County
- Sacramento
- State
- California
- Latitude
- 38.4964885
- Longitude
- -121.4348322
Nearby Similar for Sale
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