East Sacramento Corner Retail
3001 L Street Sacramento, CA 95816
3001 L Street, Sacramento, CA, 95816
$1,895,000
For Sale
$1,895,000
Retail space in East Sacramento with freeway access.
Property Size10,300 SF
Price / SF$183.98
Days on Market119
Property Features for 3001 L Street
General Information
- Standard status
- Active
- Size
- 10,300 SF
- Property subtype
- Retail
Listing Agency
CBRE - Sacramento
(916) 446-8760
Listed by
Chris Campbell · License #1204114
(916) 446-8760
Source
Cbre
Added: Mar 25 Updated: Jul 6 at 12:43 pm Checked: Jul 19 at 2:59 am
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 CBRE - Sacramento
Investment Insights
Based on property information with market context.
Located on the corner of L and 30th Streets in East Sacramento, this retail space offers quick access to the Capital City Freeway. The property is in close proximity to the Sutter Health medical complex. The property size is 10300 square feet.
Key Highlights
- Located on the corner of L and 30th Streets in East Sacramento
- Quick access to Captial City Freeway
- Close proximity to Sutter Health medical complex
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 | $242.3k | $23.52 |
| − Vacancy | −$14.1k | −$1.36 |
| EGI | $228.2k | $22.16 |
| − OpEx | −$68.5k | −$6.65 |
| NOI | $159.7k | $15.51 |
10,300 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.28M
$2.00M – $2.66M
NOI $159,744 @ 7.0% cap · market cap 8.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.77M
$2.42M – $3.23M
NOI $193,743 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Ferhan Maher
Orthotics & Prosthetics Service
George Villarruel
Orthotics & Prosthetics Service
David Scurti
Orthotics & Prosthetics Service
Lucas Broadhurst
Orthotics & Prosthetics Service
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space in East Sacramento with freeway access.
Where is this retail space located?
The property is located at 3001 L Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Located on the corner of L and 30th Streets in East Sacramento; Quick access to Captial City Freeway; Close proximity to Sutter Health medical complex