About This Restaurant
Investment Highlights
Executive Summary
Investment opportunity in Sacramento with this prime 7,360 SFbuilding. Currently with 1 vacancy that is rent guaranteed for oneyear at COE. This property presents a compelling prospect forretail and street retail investors with long term tenants . Located onFlorin Rd. this location benefi ts with high traffi c counts and foottraffi c. Its well-maintained fa?ade and versatile space offer theideal setting for a wide range of retail endeavors, ensuring a solidfoundation for sustainable income generation.
Property Details
- Sale Type Investment NNN
- Sale Condition 1031 Exchange
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Convenience Store General Retail Restaurant General Retail Storefront Freestanding
- Building Size 7,360
- Building Class B
- Year Built 2006
- Price 2,529,134
- Price Per SF 344
- Cap Rate 7
- NOI 177,039
- Percent Leased 84
- Tenancy Multiple
- Building Height 1 Story
- Building FAR 0.19
- Land Acres 0.87 AC
Amenities
- Corner Lot
- Signalized Intersection
Property Taxes
| Parcel Number | 047-0013-004 | Improvements Assessment | $998,618 |
| Land Assessment | $1,524,208 | Total Assessment | $2,522,826 |
| Date Created: | 2024-07-16 04:09:21 | Last Updated: | 2024-07-16 04:09:21 |
| Address: | 2400 Florin Rd , Sacramento, California, 95822 | ||