9264 Greenback Ln - Retail FOR SALE


Orangevale, CA 95662- Outer Folsom/Orangevale/Fair Oaks
$1,165,000 USD
916-431-7926
9264 Greenback Ln, Orangevale, CA for Sale
$1,165,000 USD
Retail - FOR SALE
1/6
null | 6.12% Cap Rate


OVERVIEW

9264 Greenback Lane is a fully leased, stabilized neighborhood strip center located in Orangevale, California. Offered at $1,165,000, the property consists of a single-story commercial building totaling approximately 5,880 square feet, situated on a ±0.48-acre parcel. The asset is currently occupied by three tenants, providing steady in-place income with no immediate rollover risk. One of the tenants, La Placita Restaurant, has been operating at this location for over 30 years and is widely regarded as one of the most popular local restaurants among area residents. Zoned SPA (Special Planning Area), the site allows for a variety of commercial uses. The property is prominently positioned along Greenback Lane, one of the area’s highest-traffic corridors, with daily traffic counts exceeding 40,000 vehicles. This high visibility, coupled with convenient ingress and egress, supports consistent customer access and strong tenant exposure. The surrounding area features a mix of dense residential neighborhoods and a wide range of commercial activity, including national retailers such as Walmart, Target, Walgreens, and Starbucks, as well as local businesses, restaurants, automotive services, and neighborhood-serving retail. This diverse tenant mix in the immediate trade area enhances the property’s foot traffic and reinforces its long-term viability for service-oriented and retail uses. With its efficient layout, stable occupancy, and strategic location, 9264 Greenback Lane offers investors a turnkey asset with reliable cash flow and long-term potential. Email listing agent for offering memorandum

FOR SALE DETAILS

PRICE

$1,165,000 USD

PRICE/SF

$198 USD /SF

CAP RATE

6.12%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,909 SF

ZONING

SPA

APN/PARCEL ID

223-0171-025

ASK ABOUT THIS PROPERTY

Josh ChiechiJahnrich Commercial Real EstateMore Info
916-431-7926

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Josh ChiechiJahnrich Commercial Real EstateMore Info
916-431-7926

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