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5900-5982 S Land Park Dr
Sacramento, CA 95822 Pocket-Greenhaven

$7,250,000 USD

Storefront For Sale  •  45,725 SF

Property Details

  • Property Type Storefront
  • Total Building Size 45,860 SF
  • Lot Size 5.36 AC
  • Building Class C
  • Year Built 1971
  • Tenancy Multiple
  • Zoning C-1
30 Transit Score
40 Walk Score

Highlights

For sale is a grocery shadow-anchored retail center in an established, infill Sacramento neighborhood
An immediate upside through: (i) converting gross leases to NNN, (ii)executing long-term leases with below market MTM tenants, and (iii) vacant pad
Four of the tenants are on month-to-month tenancy, with an average in-place rent of $11.82/SF
The subject property is being offered for below replacement cost at $149.37/SF
Nine of the current tenants have operated at this center for over 10 years, showing a strong commitment to this retail node
Within the past three years, the center has undergone common area improvements including fresh exterior paint, parking lot repairs and seal coating

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
10 min - 6.0 mi
AirportDriveWalkDistance
Sacramento International 23 min - 16.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 300
Type: Surface
Included in Rent: Yes
Chris Kostanecki 415-971-4347 CP Partners CRE
Chris Kostanecki 415-971-4347 CP Partners CRE