8341 Folsom BlvdSacramento, CA 95826

  • Drive through restaurants
  • 0.39 AC
For Lease
$16.68/SF/YR View listing

Property Details for 8341 Folsom Blvd

Lot size
0.39 AC
Zone code
C-2-SPD
Property type
Drive through restaurants
APN
079-0182-021-0000
APU
7901820210000

Description

College Greens West, located at 8341 Folsom Blvd in Sacramento, CA 95826, presents a prime retail investment opportunity. This 23,115 square foot strip center boasts a highly desirable location along a major thoroughfare, benefiting from significant daytime traffic generated by nearby Sacramento County Court House and Sacramento Sheriffs Department headquarters. The center serves a large residential population and enjoys convenient access to public transportation, with the College Greens light rail and bus station directly across the street. Currently, 11,147 square feet of space is available, with units ranging from a minimum of 1,172 square feet to a maximum contiguous space of 3,439 square feet. The property sits on an 11.2-acre lot and has undergone recent remodeling, resulting in an attractive and well-maintained condition. Strong shadow anchors include Raley's, Starbucks, and Carl's Jr., further enhancing the center's appeal and drawing significant customer traffic. This is an exceptional opportunity to acquire a well-positioned retail property in a thriving Sacramento neighborhood. The property is easily accessible and benefits from high visibility along Folsom Boulevard. The available space is ideal for a variety of retail uses, offering significant potential for growth and return on investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,898,457
    6.5%
    $3,598,576
    7%
    $3,341,535
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,072,439
    Geo Method
    $6,072,439
  • Alternative Use

    Use
    Valuation
    Residential
    $3,035,534
    Hospitality
    $2,780,532
    Educational
    $2,313,370
    Medical
    $2,392,931
    Retail
    $3,598,576

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.5475
Longitude
-121.398
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$3,770
$138,159
$138,159
$276,318
-
-
-
-

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].