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Flooring Liquidators 29 Massie Ct 10,000 SF Retail Building Sacramento, CA 95823 $1,913,000 ($191.30/SF) 7% Cap Rate
EXECUTIVE SUMMARY
Established Commercial Asset: This 10,000 sq ft single-story retail property, built in 1976, is situated on a 0.79-acre lot in Sacramento's Florin neighborhood.
Prime Location with Strong Visibility: Located on Massie Ct near Highway 99, offering high visibility and easy access to major routes. Stable Long- Term Tenancy: The property is currently occupied by Flooring Liquidators, a reputable tenant specializing in flooring sales and installation, indicating a stable income stream for investors.
Prime Location with Strong Visibility: Located on Massie Ct near Highway 99, offering high visibility and easy access to major routes. Stable Long- Term Tenancy: The property is currently occupied by Flooring Liquidators, a reputable tenant specializing in flooring sales and installation, indicating a stable income stream for investors.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Health Club
Building Size
10,000 SF
Building Class
C
Year Built
1976
Price
$1,913,000
Price Per SF
$191.30
Cap Rate
7%
NOI
$133,910
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
0.89 AC
Zoning
C-2
Parking
36 Spaces (3.6 Spaces per 1,000 SF Leased)
Frontage
256’ on Hwy 99
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 118-0131-040 | Improvements Assessment | $640,583 |
| Land Assessment | $352,316 | Total Assessment | $992,899 |
PROPERTY TAXES
Parcel Number
118-0131-040
Land Assessment
$352,316
Improvements Assessment
$640,583
Total Assessment
$992,899
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Flooring Liquidators | 29 Massie Ct
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