For Sale
$3,500,000

3510 Truxel RdSacramento, CA 95834

High-return net lease investment. Prime Sacramento location.

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a 4,180 square foot Sherwin-Williams storefront in Sacramento, CA, situated on a 0.44-acre lot. The property boasts a 10-year net lease (NN+) with a corporate guarantee from Sherwin-Williams (NYSE: SHW), a Fortune 500 company with a Standard & Poor's rating of "BBB". The lease commenced December 15, 2024, and expires December 31, 2034, featuring scheduled 10% rent bumps every five years. The property's strong financial performance is reflected in its $3,500,000 asking price and a 5.00% cap rate, generating a net operating income (NOI) of $175,002. Built in 2024, this high-quality building is strategically located near the intersection of Truxel Road and Gateway Park Boulevard, experiencing a combined daily traffic count of 81,147 vehicles. Its proximity to Interstate 80 (130,500 AADT) and Interstate 5 (160,700 AADT) ensures exceptional visibility and accessibility. The surrounding area boasts a thriving retail environment, including major retailers like Home Depot, Walmart, Target, and more, serving a population of 280,603 within a five-mile radius, with an average household income exceeding $120,000 within a three-mile radius. Projected population and income growth further solidify this investment's long-term potential. This e-commerce-resistant tenant and prime location make this a compelling investment opportunity.

Highlights

  • High-traffic location at the signalized intersection of Truxel Road and Gateway Park Blvd (81,147 VPD).
  • Excellent freeway access via I-80 (130,500 AADT) and proximity to I-5 (160,700 AADT).
  • Strong demographics: 280,603 residents within a 5-mile radius.
  • Affluent trade area: Average household income over $120,000 within a 3-mile radius.
  • Surrounded by major retailers including Walmart, Target, and Home Depot.
  • Strong projected growth in population and income over the next five years.

Property Details for 3510 Truxel Rd

Property type
Retail properties, Retail space
Square Feet
4,180 SF
Year Built
2024
Lot Size (sq. ft)
19,166 SF

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.63704
Longitude
-121.502596
3510 Truxel Rd, Sacramento, California

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3510 Truxel Rd
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