Sacramento Retail Asset in
6005 Florin Rd Sacramento, CA 95823
6005 Florin Rd, Sacramento, CA, 95823
$6,841,000
For Sale
$6,841,000
Multi-tenant retail asset in a high-visibility Sacramento location.
Property Size14,257 SF
Lot Size0.99 Acres
Price / SF$479.83
Days on Market111
Property Features for 6005 Florin Rd
General Information
- Standard status
- Active
- Size
- 14,257 SF
- Lot size
- 0.99 Acres
- Property subtype
- Vacant-User
Building Details
- Year Built
- 2008
Listing agency
Marcus & Millichap - Palo Alto
(650) 391-1782
Listed by
Adam Levin · License #License(s): CA: 01462752
(650) 391-1782
Source
Marcusmillichap
Added: Apr 3 Updated: Jul 10 at 1:14PM Checked: Jul 21 at 3:01AM
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 Marcus & Millichap - Palo Alto
Investment Insights
Based on property information with market context.
Located in the Florin TowneCentre shopping district of Sacramento, CA, 6005 Florin Rd is a multi-tenant retail asset. Constructed in 2008, the property has a building area of approximately 14,257 square feet and is situated on just under one acre of land. The property is configured as five separate suites, with the possibility of reconfiguration to meet leasing needs. The location offers high visibility on Florin Rd, with an average of 34,435 vehicles per day. The property is located in the Walmart-anchored Florin Towne Centre, which also houses major retailers such as Petsmart, Starbucks, Gamestop, Wayback Burgers, and Seapot. Sacramento is the capital of California and connects the Reno Tahoe area to the San Francisco Bay Area, making it a hub for transportation, warehouse, and logistics markets. The property's location in Sacramento places it in proximity to major employers, transportation corridors, and lifestyle amenities, making it an attractive choice to potential retail tenants.
Key Highlights
- Located in the high‑traffic Florin Towne Centre anchored by Walmart, with major retailers like Petsmart and Starbucks
- High visibility location on Florin Rd with approximately 34,435 vehicles per day
- Multi‑tenant retail asset with approximately 14,257 square feet of building area
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 | $335.3k | $23.52 |
| − Vacancy | −$19.4k | −$1.36 |
| EGI | $315.9k | $22.16 |
| − OpEx | −$94.8k | −$6.65 |
| NOI | $221.1k | $15.51 |
14,257 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.16M
$2.76M – $3.69M
NOI $221,113 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$8.10M
$7.09M – $9.45M
NOI $566,944 @ 7.0% cap · market cap 8.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
BODY WRAP SACRAMENTO
Medical Clinic
Herniated Disc/Building Disc
Physician
AVOID BACK SUGERY
Physician
U.S. Bank ATM
Atm
KNEE PAIN SACRAMENTO
Medical Clinic
Similar For Sale Nearby
Similar Off Market Nearby
- Piiiru3 — 7271 Florin Mall Dr, Sacramento, CA 95823
- Twist Of Beauty — 6632 Sunnyslope Dr, Sacramento, CA 95828
- California DMV Now Kiosk — 7421 stockton blvd, sacramento, ca 95823
- Florin Towne Centre — Florin Rd & Stockton Blvd, Sacramento, CA 95823
- Coin Time Bitcoin ATM — 5500 Florin Rd, Sacramento, CA 95823
FAQs
What type of property is this?
Shopping center - Multi-tenant retail asset in a high-visibility Sacramento location.
Where is this shopping center located?
The property is located at 6005 Florin Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $6,841,000.
What are key features of this property?
This property features: Located in the high‑traffic Florin Towne Centre anchored by Walmart, with major retailers like Petsmart and Starbucks; **High visibility location on Florin Rd with approximately 34,435 vehicles per day**; Multi‑tenant retail asset with approximately 14,257 square feet of building area
