Grocery-Anchored Retail
New
For Sale
$2,450,564
3460 Palmer Dr, Cameron Park, CA 95682
Retail property occupied by NVA and Vibe Salon within a grocery-anchored shopping center.
Property Size5,038 SF
Price / SF$486.42
Days on Market2
Property Features for 3460 Palmer Dr
General Information
Standard status
Active
Size
5,038 SF
Property subtype
Shopping Strip
Additional Details
Cap Rate
6.5%
Amenities
Corporate Backed NNN Lease with National Veterinary Associates (NVA) one of the Largest Operators of Veterinary Hospitals in the World with over 1,500 Locations and $4 Billion Revenue
Rare Corporate Backed NNN Lease Featuring CPI Annual Increases
Situated within Prime Grocery Anchored Center benefitting from Strong Co-Tenancy Mix Anchored by Bel Air Grocery Store and Complimented by Petco, CVS, UPS, AutoZone, 24-Hour Fitness and Others
Building Details
Building Size
5,038 SF
Year Built
1990
Listing Agency:
Denver Office
(303) 328-2019
Listed By:
Cory Gross · License #License(s): CO: FA100038277
(303) 328-2019
Source:
Marcusmillichap
Added: Aug 2
Changed: Aug 3
Last Checked: Aug 3 at 3:11AM
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 Denver Office
Investment Insights
Based on property information with market context.
This 5,038-square-foot retail property is located within a grocery-anchored shopping center at 3460 Palmer Dr in Cameron Park, California. The property is occupied by National Veterinary Associates and Vibe Salon, providing a two-tenant retail configuration. Built in 1990, the asset offers an established commercial setting for retail and service-oriented occupancy.
Its placement within a grocery-anchored center provides a recognizable shopping-center environment for the existing occupants. The property is situated in Cameron Park, CA 95682, with the address on Palmer Drive providing a defined location for evaluation by prospective buyers.
Its placement within a grocery-anchored center provides a recognizable shopping-center environment for the existing occupants. The property is situated in Cameron Park, CA 95682, with the address on Palmer Drive providing a defined location for evaluation by prospective buyers.
Key Highlights
- 5,038 SF retail property
- Located within a grocery‑anchored shopping center
- Occupied by National Veterinary Associates and Vibe Salon
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 | $108.8k | $21.60 |
| − Vacancy | −$6.4k | −$1.27 |
| EGI | $102.4k | $20.33 |
| − OpEx | −$30.7k | −$6.10 |
| NOI | $71.7k | $14.23 |
5,038 SF · lease $21.60/SF/yr · vacancy 5.90% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.02M
$896.0K – $1.19M
NOI $71,680 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.80M
$1.58M – $2.10M
NOI $126,082 @ 7.0% cap · market cap 5.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
217k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 38%
Groceries 20%
Electronics 2%
McDonald's
Dining
23,902 visits/mo
0.4 miles
Nugget Market
Groceries
22,941 visits/mo
0.4 miles
Bel Air
Groceries
19,560 visits/mo
0.2 miles
Dollar Tree
Shops & Services
15,717 visits/mo
0.5 miles
Taco Bell
Dining
14,072 visits/mo
0.4 miles
Demographics for 95682, CA
30,233
Population
12,126
Households
2.5
Avg Household Size
45
Median Age
40%
College-Educated
96%
High-School Grad
89.9 sq mi
ZIP Area
336
Density / Sq Mi
$115,621
Median Household Income
$62,388
Median Earnings
$1,771
Median Rent
$682,100
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Retail property occupied by NVA and Vibe Salon within a grocery-anchored shopping center.
Where is this strip mall located?
The property is located at 3460 Palmer Dr Cameron Park, CA.
What is the asking price?
The asking price for this property is $2,450,564.
What are key features of this property?
This property features: 5,038 SF retail property; Located within a grocery‑anchored shopping center; Occupied by National Veterinary Associates and Vibe Salon
