This is a great opportunity to purchase a retail shopping center in the heart of the Natomas Community of Sacramento, CA. The center is adjacent to the world famous Sacramento Kings home ARCO ARENA. There is tremendous exposure due to the high traffic flow in this desirable area of Sacramento. What a great price at 6.75% cap rate!
ARENA MARKET 4251 Truxel Rd Sacramento, CA 95834 County: Sacramento |
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| | Property Use Type: | Investment | Primary Type: | Shopping Center Strip Center | GLA: | 19,944 SF | Occupancy: | 100.00% | Price: | $8,140,000 | Price/SF: | $408.14 | Cap Rate: | 6.75% | Year Built: | 2004 | Date Last Verified: | 10/31/2007 | Property ID: | 14943973 |
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| Property Description: PRICED TO SELL! 100% LEASED Strip center with 3 buildings on site with parking in center. Facing Truxel Rd is Select Wine/Spirits liquor store and Arena Grill, in seperate building Golden Palace Restaurant. The rear Building houses Fresh Cleaners, Nail Solutions, Family Dentistry, Curves, Tanning Salon,Sofiya's Floral and Lollicup Teazone. Location Description: Truxel Rd 1/2 blk north of Arena Blvd, 1/2 mi south of Del Paso Rd. Within 1 mile of I-5 and Interstate 80. Truxel is a very busy road especially during events at ARCO Arena which is directly behind the center. No. Stories: | 1 | Additional Types: | Neighborhood Center | Commission Split: | 1.25% | TaxID/APN: | 225-0070-096-0000 |
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