For Sale
$799,000

5411 San Juan AveCitrus Heights, CA 95610

Prime location, high visibility, strong NOI.

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a fully stabilized, multi-tenant retail building located at 5411 San Juan Ave, Citrus Heights, CA 95610. The 2,346 square foot building, constructed in 1963, sits on a sizable 8,290 square foot lot and boasts a 5.37% cap rate with a current NOI of $42,902. The property features three suites, currently 100% occupied, with a mix of lease terms including a month-to-month tenant and a recently renewed lease. One suite is currently vacant, presenting an opportunity for immediate income generation. The building benefits from a highly visible street-front location, enhanced by prominent monument signage, and enjoys excellent proximity to major traffic arteries, including the intersection of Madison Ave and San Juan Blvd. Its strategic placement near established businesses such as Jimboy's Tacos, an AMPM, and an ARCO gas station ensures high foot traffic and visibility. This is a rare chance to acquire a well-positioned, income-producing retail property in a thriving Sacramento County market. The Net Lease (NNN) structure minimizes landlord responsibilities, making this an attractive investment for passive income seekers. The property's strong tenant base and prime location make it an ideal addition to any portfolio.

Highlights

  • $799,000 asking price for a retail storefront.
  • Net lease investment opportunity with a 5.37% cap rate.
  • 2,346 square feet of net rentable space in a 100% occupied, three-unit building.
  • $42,902 annual net operating income (NOI).
  • Located at 5411 San Juan Ave, Citrus Heights, CA 95610.

Property Details for 5411 San Juan Ave

Property type
Retail properties, Retail space
Square Feet
2,346 SF
Units
3

Location Insight

City
Citrus Heights
County
Sacramento
State
California
Latitude
38.6643161
Longitude
-121.2926979
5411 San Juan Ave, Citrus Heights, California

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5411 San Juan Ave
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