5044 Madison Ave - Retail FOR SALE


Sacramento, CA 95841- North Highlands
$2,995,000 USD
916-852-3222
5044 Madison Ave, Sacramento, CA for Sale
$2,995,000 USD
Retail - FOR SALE
1/18
null | 5.9% Cap Rate

5044 Madison Ave
Sacramento, CA 95841
North Highlands


HIGHLIGHTS

  • Mostly Occuped Retail Center in High-Visibility / High Traffic Location
  • Great Current Revenue Generation with Upside
  • Potential Owner-User Space

OVERVIEW

5044 Madison is a ~7,795sf retail strip center located at the high-traffic and very visible intersection of Madison Avenue and Auburn Boulevard in the Madison/80 submarket. Situated amid many significant community and neighborhood retail centers, the Property’s primary tenants are an AT&T store and a UPS store. Nearby this busy intersection are major traffic drivers like Target, Dollar Tree and Chipotle. A +/- 3,395sf vacancy exists in this property, ready to be filled by an owner-user or by an investor looking to increase ROI, but the existing leases are mostly through 2031 and produce revenues in excess of $12,000/month, including certain NNN reimbursements.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$385 USD /SF

CAP RATE

5.9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.53 AC

LAND SF

23,000 SF

ZONING

LC

APN/PARCEL ID

228-0222-010

ASK ABOUT THIS PROPERTY

Nicholas MaloofMaloof Properties, Inc.More Info
916-852-3222

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Nicholas MaloofMaloof Properties, Inc.More Info
916-852-3222

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