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WestCoast Car Audio 2419 Arden Way 3,170 SF 100% Leased Retail Building Sacramento, CA 95825 $719,250 ($226.89/SF) 6.82% Cap Rate
Investment Highlights
- STNL Investment with Annual Rental Increases
- Synergy of Surrounding Retailers in the Arden-Arcade Area
- High Traffic Corridor along Arden Way
Executive Summary
CBRE, as exclusive advisor, is pleased to offer for sale WestCoast Car Audio located at 2419 Arden Way in Sacramento, CA. 2419 Arden Way is a ±3,170 square foot freestanding retail building and was constructed in 1969. 2419 Arden Way is 100% leased to WestCoast Car Audio. WestCoast Car Audio, under new ownership, has approximately two years remaining on the lease, with annual rental increases for the remainder of the term. Situated on a 0.35-acre parcel along the Arden Way commercial corridor (±29,822 ADT), the Property benefits from the strong daily traffic count.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,170 SF
Building Class
B
Year Built
1969
Price
$719,250
Price Per SF
$226.89
Cap Rate
6.82%
NOI
$49,050
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
LC
Parking
20 Spaces (6.31 Spaces per 1,000 SF Leased)
Frontage
75’ on Arden
Amenities
- Bus Line
- Pylon Sign
- Signage
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 278-0260-054 | Improvements Assessment | $120,456 |
| Land Assessment | $77,197 | Total Assessment | $197,653 |
Property Taxes
Parcel Number
278-0260-054
Land Assessment
$77,197
Improvements Assessment
$120,456
Total Assessment
$197,653
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WestCoast Car Audio | 2419 Arden Way
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