Glass-Front Retail
For Sale
Contact for pricing
2020 Broadway, Sacramento, CA 95818
C-2 SPD zoning places the property within the Broadway–Stockton Special Planning District.
Property Size2,379 SF
Price / SF$285.41
Days on Market237
Property Features for 2020 Broadway
General Information
Standard status
Active
Size
2,379 SF
Property subtype
RETAIL
Zoning
C-2 SPD (Broadway – Stockton Special Planning District)
Building Details
Buildings
1
Listing Agency:
Colliers | Sacramento
(916) 997-3930
Listed By:
Tommy Ponder, SIOR
(916) 997-3930
Source:
Moodyscre
Added: Jan 6
Changed: Aug 30
Last Checked: Aug 30 at 11:26PM
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 Colliers | Sacramento
Investment Insights
Based on property information with market context.
This 2,379-square-foot storefront retail property occupies 2020 Broadway in Sacramento’s Land Park neighborhood. The building features a glass-lined storefront and has previously operated as a tool shop, pizza parlor, and candy store, providing an established retail-oriented configuration.
The property fronts Broadway near new and proposed developments and is governed by C-2 SPD zoning, the Broadway–Stockton Special Planning District. Its location combines a defined commercial corridor setting with a storefront format suited to continued retail use.
The property fronts Broadway near new and proposed developments and is governed by C-2 SPD zoning, the Broadway–Stockton Special Planning District. Its location combines a defined commercial corridor setting with a storefront format suited to continued retail use.
Key Highlights
- 2,379 SF storefront retail building
- Broadway frontage in Sacramento’s Land Park neighborhood
- C‑2 SPD zoning within the Broadway–Stockton Special Planning District
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,896
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$737,920
$737.9K
Cap Rate 7%
$527,086
$527.1K
Cap Rate 9%
$409,956
$410.0K
Market Conditions
NOI Build-Up for 2,379 SF
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.
Gross rent
$56.0K $23.52/SF
− Vacancy
−$3.2K −$1.36/SF
EGI
$52.7K $22.16/SF
− OpEx
−$15.8K −$6.65/SF
NOI
$36.9K $15.51/SF
Area
Sacramento, CA
Vacancy
5.80%
Lease Rate
$23.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$737,920
Cap Rate 7%
$527,086
Cap Rate 9%
$409,956
Alternative Uses
Best Use
Retail
$527.1K
$461.2K – $614.9K
NOI $36,896 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$639.3K
$559.4K – $745.8K
NOI $44,749 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,601
Businesses Nearby
144k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 55%
Shops & Services 45%
McDonald's
Dining
29,482 visits/mo
0.2 miles
ARCO
Shops & Services
18,590 visits/mo
0.4 miles
Taco Bell
Dining
13,554 visits/mo
0.3 miles
ARCO
Shops & Services
9,514 visits/mo
0.0 miles
Carl's Jr.
Dining
9,016 visits/mo
0.4 miles
Demographics for 95818, CA
22,375
Population
11,301
Households
2
Avg Household Size
39
Median Age
62%
College-Educated
93%
High-School Grad
3.9 sq mi
ZIP Area
5,737
Density / Sq Mi
$120,509
Median Household Income
$72,803
Median Earnings
$1,650
Median Rent
$768,700
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Similar Off Market Nearby
- Poppy + Pot — 2908 Franklin Blvd suite a, Sacramento, CA 95818
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- Flowers on Jupiter — Broadway, Sacramento, CA 95818
- Accents by Sage — 2331 S St, Sacramento, CA 95816
- Big Bang Events — 2331 S St, Sacramento, CA 95816
Frequently Asked Questions
What type of property is this?
Storefront property - C-2 SPD zoning places the property within the Broadway–Stockton Special Planning District.
Where is this storefront property located?
The property is located at 2020 Broadway Sacramento, CA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: 2,379 SF storefront retail building; Broadway frontage in Sacramento’s Land Park neighborhood; C‑2 SPD zoning within the Broadway–Stockton Special Planning District
