1290 Fulton Ave - Retail FOR SALE


Sacramento, CA 95825- Outer Arden-Arcade
$2,025,000 USD
916-724-1326
1290 Fulton Ave, Sacramento, CA for Sale
$2,025,000 USD
Retail - FOR SALE
1/12
null | 7.06% Cap Rate

1290 Fulton Ave
Sacramento, CA 95825
Outer Arden-Arcade


HIGHLIGHTS

  • Located on Hard Signalized Corner
  • 100% Occupied by 3-Tenants with History of Long Term Tenancy
  • Monument Sign

OVERVIEW

The subject property, located at 1290 Fulton Avenue, is a 5,781-square-foot multi-tenant retail strip center situated on 0.46 acres in Sacramento, California. Positioned at the signalized intersection of Fulton Avenue and Hurley Way, the property benefits from excellent visibility and access, with a combined traffic count of 39,795 vehicles per day. Originally constructed in 1987, the building is currently 100% occupied by three tenants, each with a strong history of long-term tenancy. • Famous Kabob, the largest tenant, occupies 2,961 square feet (51.2% of the center) and has maintained a presence at the location for over 25 years. • California Check Cashing occupies 1,650 square feet (28.5%) and has been a tenant for nearly 20 years. • IR Smoke Shop occupies the remaining 1,170 square feet (20.2%) and has been in the center for over 12 years. 1290 Fulton Avenue is strategically located in Sacramento’s Arden-Arcade area, offering convenient access to major regional transportation corridors, including Interstate 80 and Highway 50. This connectivity provides seamless access to downtown Sacramento and the broader metropolitan area. The surrounding area is a vibrant commercial corridor featuring a blend of national and local retailers. The property is in close proximity to major retail centers such as Arden Fair Mall and Country Club Plaza, which offer a wide range of shopping, dining, and entertainment options (see included aerial photo). Within a five-mile radius, the property serves a population of approximately 387,398 residents, with a median household income of $68,522. This diverse and steadily growing community supports a strong consumer base and contributes to the region’s dynamic economic environment. Nearby points of interest include California State University, Sacramento, and the American River Parkway, offering both educational and recreational amenities that further enhance the area's appeal. Fully leased and well-positioned, 1290 Fulton Avenue presents an investor with the opportunity to acquire a low-management retail asset with a solid history of long-term tenancy. The property is being offered at $2,025,000, representing a 7.06% cap rate.

FOR SALE DETAILS

PRICE

$2,025,000 USD

PRICE/SF

$355 USD /SF

CAP RATE

7.06%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,907 SF

ZONING

LC,Sacramento County

APN/PARCEL ID

286-0172-039

ASK ABOUT THIS PROPERTY

Edward NelsonMarcus & Millichap Real Estate Investment ServicesMore Info
916-724-1326

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Edward NelsonMarcus & Millichap Real Estate Investment ServicesMore Info
916-724-1326

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.