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Very clean, mixed-use property in the heart of Downtown Sacramento. Six (6) residential units above three (3) ground floor retail commercial spaces. Outstanding investment with upside opportunity! These units lease very quickly, there is one apartment vacant to show as of 01/21/2015..
Fully occupied 3 tenant strip center with a good mix of tenants. Property is in good condition and makes a great investment opportunity. All three tenants have occupied this center for over 10 years. This property requires no hands on management.
Property Description: DRIVE-THRU RESTAURANT The property is located in the heart of the Arden-Arcade trade area on popular Arden Way - A major East-West thoroughfare through the area. The building is equipped with a drive-thru and has high visibility and traffic counts of over 29,000 cars per day. The building has Arden Way monument signage and has 14 parking spaces available.
General retail building available for lease. Negotiable term. 3,800 SF available for sale. Sale price/ $360,000. Newly remodeled exterior. Perfect opportunity for retail user. Signage available. Enormous lot in back for ample parkingClose to the Rite Aid/ O' Reilly' s Shopping Center, McDonalds, Taco Bell
Prime frontage, very busy street with houses, schools, and retail. Excellent Retail Owner-User Opportunity in the Heart of the Arden-Arcade Trade Area Sale Price: $1,595,000 ($106/SF) Lease Rate: $1.15/SF NNN 825 - 7,631 SF Available for Lease Property Size: 15,000 SF Building and Monument Signage Abundant Parking 73 Parking Stalls
The subject site is in a very high exposure location just off the signalized intersection of Howe Avenue and Hurley Way. Neighborhood Center for Sale in the Heart of the Arden-Arcade Trade Area Sale Price: $1,800,000 Building and Monument Signage End-Cap Space Available facing Hurley Way 40 Parking Stalls
Price Upon Req.179,478 SF
HIGH QUALITY STRIP CENTER " Anchored by Seafood City Supermarket, a premier full-service supermarket catering to the surrounding Asian demographic " Strong visibility and convenient parking and access is facilitated by the strip site plan " Leased to twenty-five (25) tenants including Seafood City, Planet Fitness, Big 5 Sporting Goods, and O' Reilly Auto Parts, among others VALUE ADD OPPORTUNITY " Immediate upside through the lease up of 44,652 SF (24% of GLA) " Through lease up of vacancies, plus embedded rent increases in existing leases, NOI is anticipated to grow over $1,040,000 (80%) over the anticipated hold period " Average in place rent of only $11.50 PSF on existing leases allows for further rent growth as tenants leave or roll to market rates " CVS ground lease also available - contact listing team for details
This is a quality retail property which is 100% leases by four tenants including Panera Bread and Relax the Back. Prominent Howe Ave and Northrop corner location. Single building with extensive Howe Ave street frontage and visibility. Strong traffic counts of over 33,000 cars per day in front of this property. The property boasts a population of over 380,000 within a five mile radius. This is a very well maintained property.
New roof & guttersNew copper plumbing from the water meter to the bathroom fixtures -New paint inside & outside -New stucco & stone on front of building -New roll-up door -Recently updated 200 Amp electrical service2 small bathrooms (with new fixtures)By adding a small wall, the building can be easily subdivided into 2 spaces each with their own entrance door, rollup door & bathroom -Property is zoned for commercial use (C-2)-Close to the RiteAid/O'Reilly's Shopping Center -Great investment for an owner/user or an investor. Building is currently unoccupied. Lots of potential-leased out 1/2 of the building and occupy the other half. Install storefront glass in place of the roll-up doors and have great retail space