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Bldg C 6432 Tupelo Dr 11,000 SF 100% Leased Retail Building Citrus Heights, CA 95621 $2,000,000 ($181.82/SF) 6.30% Cap Rate
Executive Summary
The Josh Ballesteros Team at NAI Northern California is pleased to announce for sale this value-add strip center with cell tower located in Citrus Heights, CA, part of the larger metro of Sacramento, CA. The offering consists of 2 buildings, totaling 11,000 SF in total on a 1.08 AC lot with a cell tower in the back. One unit is recently vacant which seller is willing to provide a rent guarantee for if a new lessee is not found prior to close of escrow.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
11,000 SF
Building Class
C
Year Built
1984
Price
$2,000,000
Price Per SF
$181.82
Cap Rate
6.30%
NOI
$126,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.50 AC
Zoning
SPA, Citrus Heights
Parking
16 Spaces (1.45 Spaces per 1,000 SF Leased)
Frontage
118’ on Tupelo Dr
Amenities
- Pylon Sign
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 209-0311-041 | Improvements Assessment | $1,321,308 |
| Land Assessment | $582,624 | Total Assessment | $1,903,932 |
Property Taxes
Parcel Number
209-0311-041
Land Assessment
$582,624
Improvements Assessment
$1,321,308
Total Assessment
$1,903,932
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Bldg C | 6432 Tupelo Dr
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