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7301 Greenback Ln
Citrus Heights, CA 95621
San Juan Plaza · Retail Property For Sale
Investment Highlights
- High Historical Occupancy with Minimal Turnover: Safeway has been at site since 1984 (36 years) and just extended their lease until January 2029.
- Income Growth: Historically stable cash flow with future NOI growth.
- Recent Renewals: Tenants representing 97.8% of GLA have recently extended/renewed their leases.
- Weighted Average Lease Term: The WALT for San Juan Plaza currently is 5.01 years.
- Tenant Commitment: Safeway is undergoing a $4M renovation of their store.
Property Facts
Property Type
Retail
Property Subtype
Building Size
162,769 SF
Building Class
C
Year Built
1977
Percent Leased
78%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
6 Exterior
Building FAR
0.24
Lot Size
15.58 AC
Zoning
SC - Commercial
Frontage
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 243-0020-023 | Improvements Assessment | $14,050,393 |
| Land Assessment | $4,573,806 | Total Assessment | $18,624,199 |
Property Taxes
Parcel Number
243-0020-023
Land Assessment
$4,573,806
Improvements Assessment
$14,050,393
Total Assessment
$18,624,199
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