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Owner/User or Investment Opportunity 10415-10419 Folsom Blvd 14,328 SF Retail Building Rancho Cordova, CA 95670 $1,800,000 ($125.63/SF)



INVESTMENT HIGHLIGHTS
- Owner/User or Investment Opportunity (82.6% Occupied with MTM Tenancy)
- Under Market Rents (Upside Through Repositioning & Lease-Up)
- Below Replacement Cost ($125.63 PSF)
- Flexible CMU (FBSP) Zoning
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present for sale a 14,328-square-foot retail center located along the highly traf?cked Folsom Boulevard in Rancho Cordova, California. Situated on 1.28 acres, the property offers a compelling opportunity for an owner/user or value-add investor, with all tenants currently on month-to-month leases and paying below-market rents.
Currently 82.6 percent occupied, the center offers an ideal opportunity for an owner/user to occupy the property and bene?t from a highly visible, high-traf?c location, with over 15,700 vehicles passing daily along Folsom Boulevard—a key commercial corridor in Rancho Cordova. The seller currently occupies one unit and will vacate upon closing, and all remaining tenants are on month-to-month leases, providing maximum ?exibility for new ownership to recon?gure the space or capture additional upside through lease renegotiation.
The tenant mix includes long-standing occupants such as Stoney Folks Jewelry, which has operated at the center since 1982, and Mountain Mike’s Pizza, in place since 2015. Way of Life Church occupies ?ve of the nine suites and has maintained tenancy for approximately ten years, currently on a month-to-month basis. This ?exible rent roll provides an opportunity for an owner/user to pursue SBA ?nancing, while also allowing an investor to implement strategic leasing initiatives to drive NOI growth and reposition the asset for long-term success. Additionally, the building’s roof was replaced approximately seven years ago with an energy-ef?cient TPO system and carries a 20-year manufacturer’s warranty, reducing future capital expenditure risk.
Constructed in 1973, the property is offered at just $125.63 per square foot—well below replacement cost—providing an attractive basis in a high-demand submarket of the Sacramento MSA. The center’s layout and zoning support a variety of retail and service uses, enhancing its long-term adaptability.
Rancho Cordova is a dynamic and growing community within Sacramento County, known for its strong employment base, expanding residential population, and business-friendly environment. The area continues to attract both national and local retailers, supported by favorable demographics and infrastructure investment.
This offering presents a rare opportunity for an owner/user to acquire a well-located retail asset with a ?exible lease structure and recent capital improvements, while also providing investors with meaningful upside potential through proactive management and strategic leasing in one of Sacramento’s most active commercial corridors.
Currently 82.6 percent occupied, the center offers an ideal opportunity for an owner/user to occupy the property and bene?t from a highly visible, high-traf?c location, with over 15,700 vehicles passing daily along Folsom Boulevard—a key commercial corridor in Rancho Cordova. The seller currently occupies one unit and will vacate upon closing, and all remaining tenants are on month-to-month leases, providing maximum ?exibility for new ownership to recon?gure the space or capture additional upside through lease renegotiation.
The tenant mix includes long-standing occupants such as Stoney Folks Jewelry, which has operated at the center since 1982, and Mountain Mike’s Pizza, in place since 2015. Way of Life Church occupies ?ve of the nine suites and has maintained tenancy for approximately ten years, currently on a month-to-month basis. This ?exible rent roll provides an opportunity for an owner/user to pursue SBA ?nancing, while also allowing an investor to implement strategic leasing initiatives to drive NOI growth and reposition the asset for long-term success. Additionally, the building’s roof was replaced approximately seven years ago with an energy-ef?cient TPO system and carries a 20-year manufacturer’s warranty, reducing future capital expenditure risk.
Constructed in 1973, the property is offered at just $125.63 per square foot—well below replacement cost—providing an attractive basis in a high-demand submarket of the Sacramento MSA. The center’s layout and zoning support a variety of retail and service uses, enhancing its long-term adaptability.
Rancho Cordova is a dynamic and growing community within Sacramento County, known for its strong employment base, expanding residential population, and business-friendly environment. The area continues to attract both national and local retailers, supported by favorable demographics and infrastructure investment.
This offering presents a rare opportunity for an owner/user to acquire a well-located retail asset with a ?exible lease structure and recent capital improvements, while also providing investors with meaningful upside potential through proactive management and strategic leasing in one of Sacramento’s most active commercial corridors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
14,328 SF
Building Class
B
Year Built
1973
Price
$1,800,000
Price Per SF
$125.63
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
1.28 AC
Zoning
CMU (FBSP)
Parking
42 Spaces (2.93 Spaces per 1,000 SF Leased)
Frontage
240’ on Folsom Blvd
AMENITIES
- Restaurant
- Monument Signage
Walk Score®
Very Walkable (76)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 057-0212-009 | Improvements Assessment | $1,147,517 |
| Land Assessment | $644,088 | Total Assessment | $1,791,605 |
PROPERTY TAXES
Parcel Number
057-0212-009
Land Assessment
$644,088
Improvements Assessment
$1,147,517
Total Assessment
$1,791,605
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Owner/User or Investment Opportunity | 10415-10419 Folsom Blvd
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