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Pad to Arden Plaza | Sacramento, CA 1740 Arden Way 12,826 SF 100% Leased Retail Building Sacramento, CA 95815 $5,800,000 ($452.21/SF) 7% Cap Rate
Investment Highlights
- Three-Tenant Pad Anchored by Investment-Grade and National Credit Tenancy
- Recent extensions and scheduled rental increases providing stability and a hedge against inflation
- Vitamin Shoppe – Leading specialty retailer of vitamins, supplements, and wellness products with approximately 650 locations nationwide
- 12,826-square-foot, three-tenant pad 100% leased to Verizon, Vitamin Shoppe, and Buddhist Tzu Chi Foundation
- Verizon – One of the largest telecommunications providers in the United States with over 7,000 locations
- Buddhist Tzu Chi Foundation – International non-profit humanitarian organization with 60 years of continuous operating history
Executive Summary
Property Facts
Amenities
- 24 Hour Access
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
- Skylights
- Tenant Controlled HVAC
- Accent Lighting
- Air Conditioning
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Buddhist Tzu CHI Foundation
- Services
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- Retailer
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The Vitamin Shoppe began in 1977 as a health and nutrition retailer and has grown into an omnichannel specialty business focused on wellness products and guidance. The company offers vitamins, supplements, sports nutrition, healthy weight support, natural beauty products, herbs, superfoods, aromatherapy, and on-the-go foods and beverages through stores, digital channels, and its owned brands. Its assortment includes proprietary labels such as BodyTech, plnt, ProBioCare, True Athlete, and The Vitamin Shoppe brand, alongside national brands. The business also connects its retail model with rewards, coaching, and community wellness efforts as part of its broader market presence.
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- Information
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Verizon Communications was formed through the merger of Bell Atlantic and GTE and began operating as a combined company in 2000. Verizon operates as a communications technology company with consumer and business groups, alongside public sector and network-focused offerings. The company provides wireless service, broadband connectivity, fiber-based services, and solutions for enterprise and government customers. The company maintains ongoing investment in network expansion and product development across mobility, broadband, and business services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Buddhist Tzu CHI Foundation | Services | - | - | - | ||
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Nearby Major Retailers
Property Taxes
| Parcel Number | 277-0272-010 | Improvements Assessment | $1,994,357 |
| Land Assessment | $1,107,968 | Total Assessment | $3,102,325 |
Property Taxes
