7855 Madison AveCitrus Heights, CA 95610

Property Details for 7855 Madison Ave

Year built

1978

Construction

WOOD

Lot size

0.53 AC

Property size (Sq ft)

4,900 SF

Zone code

SC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

233-0440-008-0000

APU

23304400080000

Description

Two restaurant subleases totaling approximately 2,506 square feet are available within the redeveloped Sunrise Village Shopping Center in Sacramento County. This exceptional opportunity is situated in the thriving Sunrise Marketplace retail corridor, benefiting from a significant remodel currently underway at the shopping center. The spaces offer excellent visibility and exceptional traffic counts, supported by strong demographics. Each unit is a single-tenant space, ideal for a variety of restaurant concepts. The property features prominent monument and building signage, ensuring high brand recognition and attracting potential customers. The sublease provides access to a well-established retail center undergoing revitalization, promising increased foot traffic and enhanced customer experience. This is a rare chance to establish or expand a restaurant business in a prime location with significant advantages. The total square footage available is approximately 2,030 square feet, offering ample space for a full-service restaurant or a smaller, more specialized eatery. The specific layout and configuration of each sublease space can be discussed further upon request. Interested parties are encouraged to inquire promptly to secure this exceptional opportunity in a rapidly developing retail environment. The property's location within the Sunrise Marketplace retail corridor guarantees high visibility and accessibility for customers.

• CAP approach

  CAP return

  Valuation

  6%

  $953,713

  6.5%

  $880,350

  7%

  $817,468

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,763,048

  Geo Method

  $1,763,048

• Alternative Use

  Use

  Valuation

  Residential

  $742,608

  Hospitality

  $680,225

  Educational

  $565,939

  Medical

  $585,403

  Retail

  $880,350

Location Insight

City

Citrus Heights

County

Sacramento

State

California

Latitude

38.6642

Longitude

-121.274

CBSA code

40900

CBSA name

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

Property Tax & Assessments

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