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Marcus & Millichap is pleased to present the 5,856 square foot freestanding 3-tenant strip center 100% occupied by Starbucks, T-Mobile, and Panda Express. All tenants are corporately guaranteed and have been operating at this location since it was built in 2004. All three tenants have recently executed new lease extensions. The property is located at the hard-corner, signalized intersection of Date Ave and Madison Avenue in Sacramento with 55,951 cars per day, just off Interstate 80, with over 183,000 cars per day. This site is situated directly across from Office Depot and down the street from Target. Other retailers in the immediate vicinity include Smart & Final, Walgreens, In-N-Out Burger, Chipotle, Verizon, Chase Bank, McDonald' s, 99 Cents and numerous other national tenants. American River College with 34,502 students is located .8 miles away.
This is a completely renovated free standing building. The building is in the heart of Arden Arcade, one of sacramento's most densely populated family communities.
15,000 sq ft, 8-foot windows, 50 feet of store frontage.
2-story building. 0.41 acres. 14 parking stalls. Drive thru.
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!
Former bowling alley in retail center with leased cell tower & abundant parking.
$495,000Size Upon Req.
The cost of the land is $495,000 if land only is purchased. If you plan to allow the seller to build, the cost of the land will be $325,000. Please contact listing agent for the cost of construction. Property is zoned M-1. City of Sacramento is allowing a gas station. Owner has a verbal commitment letter from Valero A formal letter is to follow. Owner will build to suite. Email agent for rendering of Valero and other information related to the transaction. The owner also has auto center plans for this site. Great buy!
New roof & gutters New 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 service 2 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)