2932-2940 Freeport Blvd - Freestanding FOR SALE


Sacramento, CA 95818- Land Park
$3,200,000 USD
916-501-2797
2932-2940 Freeport Blvd, Sacramento, CA for Sale
$3,200,000 USD
Freestanding - FOR SALE
1/9
null | 5.6% Cap Rate

2932-2940 Freeport Blvd
Sacramento, CA 95818
Land Park


HIGHLIGHTS

  • Fully leased, stable income-producing asset
  • Rent escalation-driven NOI growth with market-to-market upside
  • Long-duration, inflation-protected income stream
  • Minimal leasing and rollover risk
  • Strong street presence along Freeport Boulevard
  • Shared frontage reinforcing tenant visibility and synergy

OVERVIEW

Land Park Retail Lifestyle Center Fully Leased Neighborhood Retail | Core Land Park Location | Long-Term Income Stability The Opportunity Land Park Retail Lifestyle Center presents the opportunity to acquire a fully leased neighborhood retail asset in one of Sacramento’s most established, affluent, and supply-constrained submarkets. The Property offers long-term income stability, supported by tenants deeply embedded in the surrounding community. With contractual rent escalations and improving expense recoveries, the asset provides predictable current cash flow with measurable NOI growth over the next several years. This is a core-plus retail investment positioned for investors seeking predictable cash flow in a high-barrier-to-entry location. Location Overview | Land Park Land Park is one of the region’s most desirable and affluent neighborhoods. Freeport Boulevard functions the way strong retail corridors are meant to—quietly, consistently, and without interruption, carrying daily neighborhood traffic through one of Sacramento’s most stable residential districts. The area is defined by tree-lined streets, high homeownership, and limited new retail development, creating natural barriers to entry that protect existing assets. Nearby anchors including Freeport Bakery, Maries Doughnuts, Taylor's Market, StepDad's, William Land Park, the Sacramento Zoo, Fairytale Town, and Sacramento City College reinforce consistent daily demand. Tenant Profile Power Pack Fitness: Anchor tenant occupying approximately 71% of the center Long-term lease in place through 2035 Established local operator serving the surrounding community Chocolate Fish Coffee Roasters: Award-winning regional coffee brand Long-term tenancy through 2033 Strong daily-use neighborhood draw The tenant mix delivers consistent traffic, repeat visitation, and stable income. Investment Highlights: Fully leased, stable income-producing asset Rent escalation-driven NOI growth with market-to-market upside Long-duration, inflation-protected income stream Minimal leasing and rollover risk Strong street presence along Freeport Boulevard Shared frontage reinforcing tenant visibility and synergy Property Details: Address: 2932–2940 Freeport Boulevard, Sacramento, CA Property Type: Neighborhood Lifestyle Center Total Rentable Area: ±6,020 SF Occupancy: 100% Leased Configuration: Two buildings operating as a single center Zoning: C-2 (General Commercial) Year Built: 1957 Renovated: 2018 Demographics (3-Mile Radius): Population: ±155,000 Average Household Income: ±$110,000 Land Park Avg. Household Income: ±$137,811 Curtis Park Avg. Household Income: ±$146,219 Median Home Price (2025): ~$730,000 High Home Sales: Up to $3,000,000 Transit & Accessibility: Prominent frontage along Freeport Blvd (±28,700 AADT) Close proximity to Sutterville Road (±25,456 AADT) Light Rail Weekly Riders: 22,100 Strong weekday commuter and neighborhood traffic patterns Access to nearby light rail stations Please reach out to the listing brokers to schedule a tour.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$505 USD /SF

CAP RATE

5.6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

C-2

APN/PARCEL ID

012-0142-019,012-0142-020

ASK ABOUT THIS PROPERTY

Henry De Vere WhiteSutter Properties GroupMore Info
916-501-2797

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Henry De Vere WhiteSutter Properties GroupMore Info
916-501-2797

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