Sacramento Retail Portfolio For
For Sale
Contact for pricing
2401 Arden Way, Sacramento, CA 95825
Multi-tenant and single-tenant retail buildings on Arden Way.
Property Size11,300 SF
Lot Size0.88 Acres
Price / SF$195.04
Days on Market112
Property Features for 2401 Arden Way
General Information
Standard status
Active
Size
11,300 SF
Lot size
0.88 Acres
Property subtype
Retail
Zoning
LC
Occupancy
66%
Lease Type
NNN
Investment Type
Value Add
Building Details
Year Built
1966
Buildings
2
Stories
1
Units
3
Tenancy
Multi
Listing Agency:
CBRE - Sacramento
(916) 492-6907
Listed By:
Stuart Wright · License #CA 01451087
Source:
Crexi
Added: May 11
Changed: Aug 28
Last Checked: Aug 29 at 9:44PM
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.
The offering includes a retail portfolio located at 2401 and 2409 Arden Way in Sacramento, CA. The portfolio consists of two buildings: 2401 Arden Way, an approximately 8,900 square foot multi-tenant retail building, and 2409 Arden Way, an approximately 2,400 square foot single-tenant building. Constructed in 1966, the multi-tenant building at 2401 Arden Way is 57% leased to WEAVE, with approximately three years remaining on the lease. The single-tenant building at 2409 Arden Way, built in 1970, is 100% leased to WEAVE, with about two years left on the lease. The properties are situated on two legal parcels totaling 0.88 acres along the Arden Way commercial corridor, which benefits from a traffic count of approximately 29,822 ADT. The properties can be purchased together or separately.
Key Highlights
- Two buildings totaling ±11,300 square feet on 0.88 acres.
- Located on the Arden Way commercial corridor with ±29,822 ADT.
- Multi‑tenant and single‑tenant retail buildings.
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
$175,253
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
7.95%
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%
$3,505,060
$3.5M
Cap Rate 7%
$2,503,614
$2.5M
Cap Rate 9%
$1,947,256
$1.9M
Market Conditions
NOI Build-Up for 11,300 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
$265.8K $23.52/SF
− Vacancy
−$15.4K −$1.36/SF
EGI
$250.4K $22.16/SF
− OpEx
−$75.1K −$6.65/SF
NOI
$175.3K $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%
$3,505,060
Cap Rate 7%
$2,503,614
Cap Rate 9%
$1,947,256
Alternative Uses
Best Use
Retail
$2.50M
$2.19M – $2.92M
NOI $175,253 @ 7.0% cap · market cap 7.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.04M
$2.66M – $3.54M
NOI $212,553 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,251
Businesses Nearby
261k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 48%
Dining 26%
Shops & Services 20%
Home Improvements & Furnishings 4%
Target
Superstores
124,598 visits/mo
0.4 miles
Jack in the Box
Dining
13,218 visits/mo
0.2 miles
Del Taco
Dining
11,789 visits/mo
0.4 miles
Speedway
Shops & Services
10,446 visits/mo
0.3 miles
Starbucks
Dining
10,323 visits/mo
0.1 miles
Demographics for 95825, CA
36,081
Population
16,803
Households
2.1
Avg Household Size
34
Median Age
33%
College-Educated
87%
High-School Grad
4.7 sq mi
ZIP Area
7,677
Density / Sq Mi
$64,264
Median Household Income
$35,994
Median Earnings
$1,582
Median Rent
$433,500
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Multi-tenant and single-tenant retail buildings on Arden Way.
Where is this retail space located?
The property is located at 2401 Arden Way Sacramento, CA.
What is the asking price?
The asking price for this property is $2,203,900.
What are key features of this property?
This property features: Two buildings totaling ±11,300 square feet on 0.88 acres.; Located on the Arden Way commercial corridor with ±29,822 ADT.; Multi‑tenant and single‑tenant retail buildings.
