Strip Mall at Signalized
3501-3521 Del Paso Rd, Sacramento, CA 95835
For Sale
New
Contact for pricing
A fully leased retail center occupies a signal-controlled intersection at Del Paso Road and El Centro Road.
Property Size17,160 SF
Price / SF$444.93
Days on Market4
Property Features for 3501-3521 Del Paso Rd
General Information
Standard status
Size
Property subtype
Occupancy
Site & Location
Neighborhood
Corner Location
Traffic Count
Highway Access
Additional Details
Tenant in Place
Building Details
Year Built
Tenancy
Listing Agency:
CP Partners
(415) 274-2700
Listed By:
David Kram · License #01848816
(415) 274-2712
Source:
Moodyscre
Added: Nov 6
Changed: Nov 8
Last Checked: Nov 8 at 3:58PM
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 CP Partners
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2007, this 17,160-square-foot strip mall is occupied by nine tenants. More than half of its gross leasable area is leased to businesses that have remained at the center since 2007 or 2008, and tenants occupying 92% of the area have extended or signed new leases since 2025.
The center is located at the signalized intersection of Del Paso Road and El Centro Road, where nearly 18,000 vehicles pass daily. Interstate 5 is within half a mile, with connectivity to Interstate 80, downtown Sacramento, and Sacramento International Airport, approximately 5.8 miles away.
Placer.ai placed the property in the 69th percentile nationally among strip and convenience centers based on visits from July 2025 through June 2026. The property is at 3501-3521 Del Paso Road in Sacramento.
The center is located at the signalized intersection of Del Paso Road and El Centro Road, where nearly 18,000 vehicles pass daily. Interstate 5 is within half a mile, with connectivity to Interstate 80, downtown Sacramento, and Sacramento International Airport, approximately 5.8 miles away.
Placer.ai placed the property in the 69th percentile nationally among strip and convenience centers based on visits from July 2025 through June 2026. The property is at 3501-3521 Del Paso Road in Sacramento.
Key Highlights
- 17,160 square feet, built in 2007
- Nine tenants; the center is fully occupied
- Over 50% of GLA occupied by tenants present since 2007 / 2008
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$266,136
Cap Rate
3.49%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,322,720
$5.3M
Cap Rate 7%
$3,801,943
$3.8M
Cap Rate 9%
$2,957,067
$3.0M
Market Conditions
NOI Build-Up for 17,160 SF
Gross rent
$403.6K $23.52/SF
− Vacancy
−$23.4K −$1.36/SF
EGI
$380.2K $22.16/SF
− OpEx
−$114.1K −$6.65/SF
NOI
$266.1K $15.51/SF
Area
ZIP 95835
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 Rate 5%
$5,322,720
Cap Rate 7%
$3,801,943
Cap Rate 9%
$2,957,067
Alternative Uses
Best Use
Retail
$3.80M
$3.33M – $4.44M
NOI $266,136 @ 7.0% cap · market cap 3.49%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.57M
$4.00M – $5.33M
NOI $320,005 @ 7.0% cap · market cap 4.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
18,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
21k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Hotels & Casinos 48%
Shops & Services 38%
Dining 13%
Chase Bank
Shops & Services
6,373 visits/mo
0.0 miles
Hyatt House Sacramento Airport / Natomas
Hotels & Casinos
5,995 visits/mo
0.2 miles
Four Points by Sheraton Sacramento International Airport
Hotels & Casinos
4,337 visits/mo
0.1 miles
SUBWAY
Dining
2,828 visits/mo
0.0 miles
AIM Mail Center
Shops & Services
1,841 visits/mo
0.0 miles
Demographics for 95835, CA
41,399
Population
15,610
Households
2.7
Avg Household Size
37
Median Age
51%
College-Educated
94%
High-School Grad
8.9 sq mi
ZIP Area
4,652
Density / Sq Mi
$114,413
Median Household Income
$63,694
Median Earnings
$2,177
Median Rent
$588,300
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Strip mall - A fully leased retail center occupies a signal-controlled intersection at Del Paso Road and El Centro Road.
Where is this strip mall located?
The property is located at 3501-3521 Del Paso Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $7,635,000.
What are key features of this property?
This property features: 17,160 square feet, built in 2007; Nine tenants; the center is fully occupied; Over 50% of GLA occupied by tenants present since 2007 / 2008
