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Freestanding Retail/Industrial Building For Rent
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7552 Greenback Ln, Citrus Heights, CA

Freestanding retail/industrial building on Greenback Lane retail corridor.

Property Size3,065 SF
Lot Size4.40 Acres
Price / SF$288.74
Days on Market658

Property Features for 7552 Greenback Ln

General Information

Standard status Active
Size 3,065 SF
Lot size 4.40 Acres
Property subtype RETAIL
Listing Agency: Rome Real Estate Group
Listed By: Chase Burke · License #01879336
Source: Moodyscre
Added: Oct 15, 2024 Changed: Jul 6 Last Checked: Aug 3 at 3:49AM

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 Rome Real Estate Group

Investment Insights

Based on property information with market context.

This freestanding retail/industrial building offers approximately 3,065 square feet of space. The property benefits from excellent building signage visible from Greenback Lane. Its location is on Greenback Lane, between San Juan Avenue and Sunrise Boulevard, placing it within one of the busiest retail corridors in Sacramento County. The property is surrounded by a high concentration of major retailers, including Safeway, Kohl’s, Burlington Coat Factory, Ross Dress for Less, and Sam’s Club. It is also located in close proximity to the Sunrise Mall and Marketplace at Birdcage shopping center.

Key Highlights

  • Excellent Location: Situated on Greenback Lane, a busy retail corridor in Sacramento County.
  • Freestanding ±3,065 sq ft Retail/Industrial Building
  • Excellent building signage visible from Greenback Lane

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 $60.3k $19.68
− Vacancy −$3.3k −$1.08
EGI $57.0k $18.60
− OpEx −$17.1k −$5.58
NOI $39.9k $13.02
3,065 SF · lease $19.68/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Retail
$570.0K
$498.8K – $665.0K (±1% cap)
NOI $39,901 @ 7.0% cap · market cap 4.51%
Second Best
no second resolved use
Theoretical Best
Office A
$816.5K
$714.5K – $952.6K (±1% cap)
NOI $57,157 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Greenback Glass Inc Hardware & Home Improvement

Suggested Use

Top Pick Parking Lot & Garage Gym & Fitness Center Law Firm Kitchen & Bath Showroom Auto Parts Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,050
Businesses Nearby
124k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 46% Dining 33% Shops & Services 16% Beauty & Spa 3%
Macy's Apparel
32,444 visits/mo 0.4 miles
JCPenney Apparel
22,705 visits/mo 0.3 miles
Quick Quack Car Wash Shops & Services
13,287 visits/mo 0.2 miles
Starbucks Dining
12,524 visits/mo 0.1 miles
Jack in the Box Dining
11,951 visits/mo 0.1 miles

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Freestanding retail/industrial building on Greenback Lane retail corridor.
Where is this retail space located?
The property is located at 7552 Greenback Ln Citrus Heights, CA.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Excellent Location: Situated on Greenback Lane, a busy retail corridor in Sacramento County.; Freestanding ±3,065 sq ft Retail/Industrial Building; Excellent building signage visible from Greenback Lane
(916) 705-8132 Call to check price and availability
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