Nine-Tenant Shopping
For Sale
Contact for pricing
3501 Del Paso Road, Sacramento, CA 95835
Signalized intersection location with Walgreens, Chase, Subway, and other daily-needs retailers in the broader center.
Property Size17,160 SF
Price / SF$444.93
Days on Market54
Property Features for 3501 Del Paso Road
General Information
Standard status
Active
Size
17,160 SF
Total Parking Spaces
103
Property subtype
Retail
Occupancy
100%
Net Operating Income
$492,308
Site & Location
Corner Location
Yes
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
2007
Tenancy
Multi
Listing Agency:
CP Partners
Listed By:
Rachel Kram · License #CA 02021048
(415) 515-0181
Source:
Crexi
Added: Aug 27
Changed: Oct 16
Last Checked: Oct 16 at 6:11AM
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 CP Partners
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Investment Insights
Based on property information with market context.
The 17,160-square-foot shopping center contains nine tenant spaces and is 100% occupied. Completed in 2007, the strip-center property is positioned at the intersection of Del Paso Road and El Centro Road in Sacramento’s Natomas submarket.
Interstate 5 is approximately ½ mile away, with connections to Interstate 80, Downtown Sacramento, and Sacramento International Airport. Walgreens anchors the broader Westlake Shopping Center, alongside Chase, Subway, and additional daily-needs retailers. Population within a 5-mile radius is projected to increase approximately 19% over the next ten years.
Interstate 5 is approximately ½ mile away, with connections to Interstate 80, Downtown Sacramento, and Sacramento International Airport. Walgreens anchors the broader Westlake Shopping Center, alongside Chase, Subway, and additional daily-needs retailers. Population within a 5-mile radius is projected to increase approximately 19% over the next ten years.
Key Highlights
- 17,160‑square‑foot shopping center with nine tenant spaces
- 100% occupied retail property
- Built in 2007
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
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
330
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Sacramento, CA
Similar Off Market Nearby
- Keizer Station — 3501 Del Paso Rd, Sacramento, CA 95835
- Westlake Village Shopping Center — 3501-3521 Del Paso Rd, Sacramento, CA 95835
Frequently Asked Questions
What type of property is this?
Shopping center - Signalized intersection location with Walgreens, Chase, Subway, and other daily-needs retailers in the broader center.
Where is this shopping center located?
The property is located at 3501 Del Paso Road 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‑foot shopping center with nine tenant spaces; 100% occupied retail property; Built in 2007
