Multi-Tenant Strip
New
For Sale
$1,600,000
5155 Madison Ave, Sacramento, CA 95841
Retail storefronts and office suites occupy a two-parcel commercial property with substantial Madison Avenue exposure.
Property Size14,245 SF
Lot Size1.04 Acres
Price / SF$112.32
Days on Market3
Property Features for 5155 Madison Ave
General Information
Standard status
Active
Size
14,245 SF
Lot size
1.04 Acres
Property subtype
Shopping Strip
Occupancy
97%
Additional Details
Cap Rate
6.96%
Road Access
Yes
Office Units
10
Amenities
Value-Add Opportunity: Significant upside potential through lease-up of vacancy, Conversion of month-to months tenants, and mark-to-market rent increases.
Below-Market Rents: Opportunity to increase revenue by adjusting in-place rents to market levels.
Expense Reimbursement Upside: Ability to improve net operating income by implementing full triple-net leases.
Strategic Location: Prime location with high visibility and traffic counts exceeding 50,000 VPD
Established Retail Corridor: Synergistic-co-tenancy with national retailer including Target, Chipotle, 7-Eleven, etc.
Dense Residential Demographics: Strong surrounding population base with a mix of single-family and multi-family housing supporting tenant demand.
Building Details
Building Size
14,245 SF
Year Built
1967
Buildings
1
Tenancy
Multi
Abandoned
No
Listing Agency:
Marcus & Millichap | Sacramento
(916) 724-1326
Listed By:
Ed Nelson · License #License(s): CA: 01452610
(916) 724-1326
Source:
Marcusmillichap
Added: Aug 28
Changed: Aug 29
Last Checked: Aug 29 at 11:29PM
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 | Sacramento
Investment Insights
Based on property information with market context.
This multi-tenant strip center contains 14,245 square feet across retail and office areas on approximately 1.04 acres divided between two parcels. Constructed in 1967, the property is 96.77% occupied. The street-facing section includes seven retail tenants, while the rear portion provides six leased office suites and four vacant units.
The property fronts Madison Avenue in Sacramento, with reported traffic exceeding 50,000 vehicles per day. Existing occupancy combines active retail and office tenancy, while the available rear suites provide additional leasing capacity within the current building configuration. Several occupants are on month-to-month arrangements, offering flexibility in future lease structuring.
The property fronts Madison Avenue in Sacramento, with reported traffic exceeding 50,000 vehicles per day. Existing occupancy combines active retail and office tenancy, while the available rear suites provide additional leasing capacity within the current building configuration. Several occupants are on month-to-month arrangements, offering flexibility in future lease structuring.
Key Highlights
- 14,245‑square‑foot multi‑tenant retail and office building
- Approximately 1.04 acres across two separate parcels
- 96.77% occupied with retail and office tenancy
Property Analytics
Property Profile
Current Use
Lease Details
10
Office units
96.8%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,238
Businesses Nearby
Explore this area
Business Placement
Demographics for 95841, CA
21,873
Population
8,817
Households
2.5
Avg Household Size
36
Median Age
27%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,608
Density / Sq Mi
$62,305
Median Household Income
$40,388
Median Earnings
$1,577
Median Rent
$414,200
Median Home Value
Market
Vacancy Rate% for Office in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail storefronts and office suites occupy a two-parcel commercial property with substantial Madison Avenue exposure.
Where is this strip mall located?
The property is located at 5155 Madison Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 14,245‑square‑foot multi‑tenant retail and office building; Approximately 1.04 acres across two separate parcels; 96.77% occupied with retail and office tenancy
