This exceptional 16,888-square-foot retail property, formerly a Rite Aid pharmacy, presents a compelling investment or owner-occupancy opportunity in the thriving Citrus Heights market. Located at a signalized intersection on Auburn Blvd in Sacramento County, CA, the property boasts excellent visibility and high traffic counts exceeding 41,500 vehicles per day. The single-story building, constructed in 1999, sits on a 1.76-acre lot and features a double drive-thru lane, ample parking (approximately 73 spaces), and prominent monument signage. The building also benefits from its co-location with a long-term 24 Hour Fitness tenant. The LC (Limited Commercial) zoning allows for versatile uses, including retail, office, residential, or mixed-use development. This densely populated area is surrounded by residential homes, apartments, senior living facilities, and other retail establishments, including national brands like Costco, Walmart, and Starbucks. Within a 5-mile radius, there are over 381,000 residents with an average household income exceeding $94,500. The property's pro-forma net operating income (NOI) is $303,984. This is a fee-simple ownership opportunity with significant potential for a savvy investor or owner-occupant seeking a prime location in a high-demand area. The property is currently vacant, offering a blank canvas for a new business or redevelopment project. The property's location and zoning provide a unique opportunity for a variety of uses.
Highlights
16,888 SF former Rite Aid with double drive-thru, situated on a 1.76-acre lot.
Signalized intersection location on Auburn Blvd, exceeding 41,500 VPD.
Ample parking (approx. 73 spaces), monument signage, and adjacency to 24 Hour Fitness.
High-density area: over 381,000 residents within a 5-mile radius, average household income exceeding $94,500.
LC zoning allows for retail, office, residential, or mixed-use development.
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6661 Auburn Blvd, Citrus Heights, California, 95621
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Disclaimer
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