3510 Truxel RdSacramento, CA 95834

For Sale
$3,500,000 View listing
  • Commercial land
  • 0.44 AC

Property Details for 3510 Truxel Rd

Lot size
0.44 AC
Zone code
C-2-PUD
Property type
Commercial land
APN
225-2980-004-0000
APU
22529800040000

Description

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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,971,812
    Hospitality
    $3,638,158
    Educational
    $3,026,905
    Medical
    $3,131,005
    Retail
    $4,708,518
3510 Truxel Rd, Sacramento, California

Location Insight

City
Sacramento
County
Sacramento
State
California
Latitude
38.637
Longitude
-121.503
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
$10,601
$750,000
-
$750,000
-
-
-
-

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