7155 24th St - Drug Store FOR SALE


Sacramento, CA 95822- Woodbine
$3,900,000 USD
650-888-7696
7155 24th St, Sacramento, CA for Sale
$3,900,000 USD
Drug Store - FOR SALE
1/15
null | 6% Cap Rate

Jan '26


7155 24th St
Sacramento, CA 95822
Woodbine


HIGHLIGHTS

  • Vacant Retail Building-Dark Walgreens
  • High Traffic Visibility - The subject property benefits from a high daily traffic count of approximately 19,537 vehicles per day, according to Traffic

OVERVIEW

7155 24th St is a prime retail investment opportunity located in the thriving city of Sacramento, California. Situated on a large parcel of land totaling 1.17 acres, the subject property was originally constructed in 2006 and features a gross building size of 14,409 square feet. The premises is currently shadow leased by Walgreens and will be vacant by the beginning of January 2026. The subject property is currently zoned C-2 EA-4 which designates the parcel as a general commercial zone in the Sacramento Executive Airport area. 7155 24th St is located on the corner of Florin Rd and 24th St and benefits from high street visibility. According to TrafficMetrix, an average of 19,537 vehicles pass by the subject property on a daily basis. Sacramento is the capital of California and known for its diverse economy featuring industries like food tech, life sciences, semiconductors, advanced manufacturing and healthcare. Additionally, Sacramento is the main city connecting the Reno-Tahoe area to the Bay, making it a natural hub for transportation, warehouse and logistics markets. The investment appeal of this asset is driven by Sacramento's strong employment fundamentals and low vacancy levels. With a world class location in the heart of Sacramento, 7155 24th St presents an attractive choice potential renters due to its proximity to major employers, transportation corridors, shopping, dining and entertainment options.

FOR SALE DETAILS

PRICE

$3,900,000 USD

PRICE/SF

$269 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Retail Investment Opportunity

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Drug Store

ADD'L SUBTYPES

Convenience Store, Storefront, Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

53

LAND DETAILS

LAND ACRES

1.17 AC

LAND SF

50,965 SF

ZONING

C-2 EA-4

APN/PARCEL ID

041-0073-024

ASK ABOUT THIS PROPERTY

Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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Cole SimpsonMarcus & MillichapMore Info
650-888-7696

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