6001 Florin RdSacramento, CA 95823

Property Details for 6001 Florin Rd

Year built

2008

Construction

WOOD

Property size (Sq ft)

7,990 SF

Zone code

SC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

042-0011-037-0000

APU

4200110370000

Description

This exceptional investment opportunity presents a 7,799 square foot, single-story, Class B shopping center in Sacramento, California. The property, built in 2008, sits on a 0.6-acre lot and boasts 100% occupancy with two strong national tenants: Mattress Firm and Wayback Burgers. Both tenants operate under long-term NNN leases with a weighted average lease term remaining of approximately 10 years, providing significant lease stability and predictable cash flow. The property generates a substantial Net Operating Income (NOI) of $229,538, resulting in an attractive 7.50% capitalization rate. The asking price is $3,061,000, translating to a price per square foot of $392.49. This strategically located center benefits from a regional draw, situated within a dominant community center alongside major retailers such as Walmart Supercenter, Chuze Fitness, PetSmart, and AutoZone. The property's location in the heart of Sacramento ensures high visibility and consistent customer traffic. The leases include a 10-15% administrative fee recapture provision, further enhancing the investment's return. This stabilized investment offers a compelling opportunity for long-term growth and passive income generation. The property's strong tenant mix, long-term leases, and prime location make it an ideal addition to any diversified real estate portfolio.

• CAP approach

  CAP return

  Valuation

  6%

  $1,501,770

  6.5%

  $1,386,250

  7%

  $1,287,230

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,186,440

  Geo Method

  $1,186,440

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $2,663,100

  Mixed-Use / Specialty

  $1,397,560

  Hospitality / Lodging

  $1,046,500

  Office

  $1,406,180

  Institutional / Educational

  $1,458,710

  Residential Income

  $1,706,690

  Multifamily

  $1,956,800

  Automotive / Energy

  $1,250,320

  Parking / Income-Based Land

  $415,412

  Restaurant / Food Service

  $761,567

  Healthcare / Senior Housing

  $1,416,500

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.4965

Longitude

-121.435

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].