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6001 Florin Rd
Sacramento, CA 95823
Shops at Florin Towne Centre · Retail Property For Sale
Investment Highlights
- Bite Size Acquisition – The Shops at Florin Towne Centre is an idea, low-equity requirement acquisition
- Catalytic Leasing Momentum – Florin Towne Center, a ±480,455 SF power center, has experienced a recent significant leasing renaissance
- Robust Investment Yields – Opportunity to lease up available space and stabilize the Shops at Florin Towne Centre at an approximate 8.80% cap rate
- Qualified Opportunity Zone – Located within the state-designated Opportunity Zone and may be eligible for preferential federal tax treatment
Executive Summary
* Bite Size Acquisition – The Shops at Florin Towne Centre is an idea, low-equity requirement acquisition, difficult to replicate in today’s competitive market
* Robust Investment Yields – Opportunity to lease up available space and stabilize the Shops at Florin Towne Centre at an approximate 8.80% cap rate by year 2, providing a compelling return profile for an investor
* Catalytic Leasing Momentum – Florin Towne Center, a ±480,455 SF power center, has experienced a recent significant leasing renaissance that supports the near-term lease-up of vacant space
* El Super signed a 52,529 SF lease in the former Sears building, the largest retail lease in the Sacramento trade area in 2025
* Other notable and newly signed leases include, Aliados Restaurant, Pollo Campero, Raising Cane’s, and Quick Quack, further invigorating the center’s tenant mix
* Qualified Opportunity Zone – The Shops at Florin Towne Centre are located within the state-designated Opportunity Zone and may be eligible for preferential federal tax treatment
* Suite D-2 is currently occupied by Wayback Burger through a lease expiring Jun-2032. However, due to AR concerns and tenant unresponsiveness, this space is modeled as available.
* Robust Investment Yields – Opportunity to lease up available space and stabilize the Shops at Florin Towne Centre at an approximate 8.80% cap rate by year 2, providing a compelling return profile for an investor
* Catalytic Leasing Momentum – Florin Towne Center, a ±480,455 SF power center, has experienced a recent significant leasing renaissance that supports the near-term lease-up of vacant space
* El Super signed a 52,529 SF lease in the former Sears building, the largest retail lease in the Sacramento trade area in 2025
* Other notable and newly signed leases include, Aliados Restaurant, Pollo Campero, Raising Cane’s, and Quick Quack, further invigorating the center’s tenant mix
* Qualified Opportunity Zone – The Shops at Florin Towne Centre are located within the state-designated Opportunity Zone and may be eligible for preferential federal tax treatment
* Suite D-2 is currently occupied by Wayback Burger through a lease expiring Jun-2032. However, due to AR concerns and tenant unresponsiveness, this space is modeled as available.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,799 SF
Building Class
B
Year Built
2008
Price
$2,717,691
Price Per SF
$348.47
Cap Rate
4.85%
NOI
$131,808
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
0.60 AC
Opportunity Zone
Yes
Zoning
SC
Parking
50 Spaces (6.26 Spaces per 1,000 SF Leased)
Frontage
100’ on Florin
Amenities
- Bus Line
- Dedicated Turn Lane
- Signalized Intersection
Property Taxes
| Parcel Number | 042-0011-037 | Improvements Assessment | $790,357 |
| Land Assessment | $280,813 | Total Assessment | $1,071,170 |
Property Taxes
Parcel Number
042-0011-037
Land Assessment
$280,813
Improvements Assessment
$790,357
Total Assessment
$1,071,170
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