3645 Northgate Blvd - Retail FOR SALE


Sacramento, CA 95834- South Natomas
$4,682,000 USD
510-289-1166
3645 Northgate Blvd, Sacramento, CA for Sale
$4,682,000 USD
Retail - FOR SALE
1/3
null | 6.5% Cap Rate

3645 Northgate Blvd
Sacramento, CA 95834
South Natomas


HIGHLIGHTS

  • Fully Leased Shops Anchored by Western Dental with Complementary Tenant Mix
  • Within Foods Co.-Anchored Natomas Gardens Shopping Center
  • Value-Add Opportunity with Shorter Lease Terms and Below Market Rent
  • Foods Co. is Ranked #2 in the Chain with 1.2M Annual Visits (per Placer.ai)
  • Excellent Access & Visibility Along Northgate Boulevard (26,803 ADT) at San Juan Road (17,094 ADT)
  • Just a Half Mile from I-80 (143,900 ADT), which Connects Sacramento to the Bay Area and Reno/Tahoe

OVERVIEW

Fully leased retail shops opportunity anchored by Western Dental within Natomas Gardens Shopping Center, a Foods Co.-anchored center in Sacramento, California. The property features a complementary tenant mix including a pharmacy, bakery, health spa, nail salon, and other service-oriented users, providing investors with stable in-place income and future upside through shorter lease terms and below-market rents. The center benefits from strong daily traffic generated by Foods Co., which ranks #2 in the chain with 1.2 million annual visits, per Placer.ai, along with neighboring retailers including Dollar Tree, ARCO/ampm, Smart & Final Extra!, Ross, Starbucks, Taco Bell, Circle K, O’Reilly, Quick Quack Car Wash, IHOP, and the new North80 development featuring McDonald’s, KFC, Panda Express, and more. The property offers excellent access and visibility along Northgate Boulevard and San Juan Road, just one-half mile from Interstate 80. Located approximately four miles north of Downtown Sacramento, the property is surrounded by dense residential neighborhoods, schools, employers, and strong surrounding demographics.

FOR SALE DETAILS

PRICE

$4,682,000 USD

PRICE/SF

$347 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Natomas Gardens Shops

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.81 AC

LAND SF

78,844 SF

ZONING

SC U

APN/PARCEL ID

250-0510-002

ASK ABOUT THIS PROPERTY

Putnam DailyFisher James CapitalMore Info
510-289-1166

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Putnam DailyFisher James CapitalMore Info
510-289-1166

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