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5510 Birdcage St 10,104 SF 100% Leased Office Building Citrus Heights, CA 95610 $1,650,000 ($163.30/SF) 7.11% Cap Rate
Investment Highlights
- 100% leased multi-tenant office building generating a reported 7.11% cap rate.
- 10,104-square-foot building on a 0.88-acre lot with BP (Business Professional) zoning.
- Ample parking with approximately 1.9 spaces per 1,000 square feet.
- Recently renovated interiors offering a move-in-ready environment for tenants.
- Convenient access to Sunrise Boulevard, Greenback Lane, and Interstate 80.
- Professional property management currently in place for smooth operations.
Executive Summary
Turn-Key Investment:
Modernized Interiors
5510 Birdcage Street offers a premier turn-key acquisition in Citrus Heights. A recent full interior renovation provides high-quality, move-in-ready suites with modern finishes and zero deferred maintenance. Includes established tenants on month-to-month leases.
Modernized Interiors
5510 Birdcage Street offers a premier turn-key acquisition in Citrus Heights. A recent full interior renovation provides high-quality, move-in-ready suites with modern finishes and zero deferred maintenance. Includes established tenants on month-to-month leases.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
10,104 SF
Building Class
C
Year Built/Renovated
1978/2021
Price
$1,650,000
Price Per SF
$163.30
Cap Rate
7.11%
NOI
$117,380
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,052 SF
Building FAR
0.26
Lot Size
0.88 AC
Zoning
BP - Business Professional
Parking
18 Spaces (1.9 Spaces per 1,000 SF Leased)
Amenities
- Property Manager on Site
- Balcony
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 233-0680-023 | Improvements Assessment | $427,560 |
| Land Assessment | $303,080 | Total Assessment | $730,640 |
Property Taxes
Parcel Number
233-0680-023
Land Assessment
$303,080
Improvements Assessment
$427,560
Total Assessment
$730,640
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5510 Birdcage St
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