4910-4970 Freeport Blvd - Retail FOR SALE


Sacramento, CA 95822- Pocket-Greenhaven
$5,964,486 USD
916-600-7458
4910-4970 Freeport Blvd, Sacramento, CA for Sale
$5,964,486 USD
Retail - FOR SALE
1/5
null | 7.4% Cap Rate

4910-4970 Freeport Blvd
Sacramento, CA 95822
Pocket-Greenhaven


HIGHLIGHTS

  • 29,832 SF Dollar Tree–anchored neighborhood retail center on Freeport Boulevard in Sacramento’s established Land Park submarket
  • Significant value-add: 6,400 SF vacant — a 2,400 SF ground-floor retail suite plus four upstairs office suites — representing immediate leasing upside
  • All ground-floor leases are NNN with 3–4% annual escalations and staggered expirations through 2029; approximately 77% of expenses are recovered

OVERVIEW

Please email info@jahnrich.com for full marketing brochure 4960 Freeport Boulevard is a Dollar Tree–anchored neighborhood retail center positioned on a high-visibility corner along one of Sacramento’s principal north– south arterials in the heart of the Land Park submarket. The center totals 29,832 rentable square feet across 13 units — 22,832 SF of groundfloor retail anchored by Dollar Tree (9,000 SF), Akebono Japanese restaurant (4,335 SF), ZLGK, Inc. (3,206 SF), Cathay Bank (2,391 SF) and Mahoroba Japanese Bakery (1,500 SF), plus a 7,000 SF second floor above Dollar Tree of small-format office suites. In-place base rent totals $517,546 annually with an additional $125,808 of expense reimbursements, producing $643,354 of gross collected income. All four occupied ground-floor leases are triple-net with 3–4% annual escalations and staggered expirations running through 2029. With 6,400 SF vacant — the 2,400 SF retail suite at 4960 Freeport Blvd and four upstairs suites — the property offers a new owner immediate in-place cash flow from a credit-supported rent roll together with clearly identifiable lease-up upside in a supply-constrained, neighborhood-serving corridor.

FOR SALE DETAILS

PRICE

$5,964,486 USD

PRICE/SF

$165 USD /SF

CAP RATE

7.4%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,807 SF

ZONING

C-2-EA-4

APN/PARCEL ID

017-0172-009

ASK ABOUT THIS PROPERTY

Josh ChiechiJahnrich Commercial Real EstateMore Info
916-600-7458

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Josh ChiechiJahnrich Commercial Real EstateMore Info
916-600-7458

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