2801 Zinfandel Dr, Rancho Cordova, CA
Multi-tenant retail building with cell tower income in Rancho Cordova.
- Added:
- Dec 30, 2024
- Days on Market:
- 531
- Last Refresh:
- May 20 at 9:35 pm
Property Features for 2801 Zinfandel Dr
General Information
- Standard status
- Active
- Size
- 28,800 SF
- Lot size
- 9.23 Acres
- Property subtype
- RETAIL
Listing agent Daniel Mueller
Listing office Century 21 - Mueller Commercial | Sacramento (916) 704-9341
Listing date Dec 30, 2024
Source Moodyscre
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Century 21 - Mueller Commercial | Sacramento
HighLights
- Fully stabilized NNN retail building with a cell phone tower generating additional income.
- Net operating income of $306,987.00.
- Grocery Outlet is a tenant occupying approximately 23,640 SF, with a monthly rent of $18,422.25.
- Cell phone tower generates $2,000.00 per month.
- Lees’ Martial Arts occupies roughly 5,160 SF and generates $5,160.00 per month.
- Positioned at the intersection of Folsom Blvd. and Zinfandel Dr. surrounded by large shopping centers with national tenants.
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $566.8k | $19.68 |
| − Vacancy | −$31.2k | −$1.08 |
| EGI | $535.6k | $18.60 |
| − OpEx | −$160.7k | −$5.58 |
| NOI | $374.9k | $13.02 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Rancho Cordova
- County
- Sacramento
- State
- California
- Longitude
- -121.287
- Latitude
- 38.596
