4251 Truxel Rd "ARENA MARKET", Sacramento, CA $8,140,000

By
Commercial Real Estate Agent with Keller Williams Realty

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
 
 
   Photos
From Across Street on Truxel
 
  For Sale Active  
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:1Additional Types:Neighborhood Center
Commission Split:1.25%
TaxID/APN:225-0070-096-0000

Comments (5)

Ernie Cabrera
REAL ESTATE AMERICA - Ernie Cabrera - Elk Grove, CA
Real Estate America
Sue, congratulations on your first post!  Your property looks like a great deal for an investor.  It's priced right!
Nov 01, 2007 02:34 AM
Sue Blankenship
Keller Williams Realty - Sacramento, CA
Thanks Ernie!  This is a great deal!  I am looking forward to getting a full price offer with a 30 day escrow.  Is that too optimistic? HaHa.  I am going to really try this blogging, since it is the way of the future in Real Estate.  Thanks for all your help and support.
Nov 01, 2007 04:54 AM
Ernie Cabrera
REAL ESTATE AMERICA - Ernie Cabrera - Elk Grove, CA
Real Estate America
Sue, thanks for pitching this property at our corp meeting today!  It really is a great deal for an investor looking for a retail shopping center in Sacramento!
Nov 02, 2007 03:24 PM
Tuan Tran
3T Homes inc - Sacramento, CA
Realtor Tuan Tran
Nice property Sue!  I hope you sell it soon.  It is in a great location of Sacramento.
Nov 06, 2007 03:06 PM
Matthew Cabrera
REAL ESTATE AMERICA Corp. - Matthew S. Cabrera, V.P. - Wilton, CA
Hi Sue, how are you doing with this property?  It is a great property in a great location.  It should sell!
Nov 20, 2007 01:57 PM