Leased Retail Shop in Shopping
3645 Northgate Boulevard Sacramento, CA 95834
3645 Northgate Boulevard, Sacramento, CA, 95834
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For Sale
Contact for pricing
Fully leased retail shop space within Natomas Gardens Shopping Center, anchored by Foods Co. and Western Dental.
Property Size13,542 SF
Price / SF$345.74
Days on Market10
Property Features for 3645 Northgate Boulevard
General Information
- Standard status
- Active
- Size
- 13,542 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing Agency
Fisher James Capital
Listed by
Lindsey Snider · License #CA 01443387
Source
Crexi
Added: Jul 8 Checked: Jul 17 at 12:10 pm
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 Fisher James Capital
Investment Insights
Based on property information with market context.
This fully leased retail shop opportunity is located within Natomas Gardens Shopping Center and is anchored by Western Dental. The space is part of a complementary mix that includes service and health-oriented tenants such as a pharmacy, bakery, health spa, and nail salon, supporting in-place income. The offering is described as having shorter lease terms and below-market rents.
The shopping center is Foods Co.-anchored, with strong daily traffic attributed to Foods Co. per Placer.ai. The property also sits among a broader retail roster that includes Dollar Tree, ARCO/ampm, Smart & Final Extra!, Ross, Starbucks, Taco Bell, Circle K, O’Reilly, Quick Quack Car Wash, IHOP, and the new North80 development featuring McDonald’s, KFC, and Panda Express.
Access and visibility are provided along Northgate Boulevard and San Juan Road, about one-half mile from Interstate 80. The center is approximately four miles north of Downtown Sacramento and is surrounded by dense residential neighborhoods, schools, and employers.
The shopping center is Foods Co.-anchored, with strong daily traffic attributed to Foods Co. per Placer.ai. The property also sits among a broader retail roster that includes Dollar Tree, ARCO/ampm, Smart & Final Extra!, Ross, Starbucks, Taco Bell, Circle K, O’Reilly, Quick Quack Car Wash, IHOP, and the new North80 development featuring McDonald’s, KFC, and Panda Express.
Access and visibility are provided along Northgate Boulevard and San Juan Road, about one-half mile from Interstate 80. The center is approximately four miles north of Downtown Sacramento and is surrounded by dense residential neighborhoods, schools, and employers.
Key Highlights
- Built in 2003 retail shop space within Natomas Gardens Shopping Center
- Fully leased retail space anchored by Foods Co. and Western Dental
- Tenant mix includes a pharmacy, bakery, health spa, and nail salon (plus additional service‑oriented users)
Local 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 | $318.5k | $23.52 |
| − Vacancy | −$18.5k | −$1.36 |
| EGI | $300.0k | $22.16 |
| − OpEx | −$90.0k | −$6.65 |
| NOI | $210.0k | $15.51 |
13,542 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.00M
$2.63M – $3.50M
NOI $210,024 @ 7.0% cap · market cap 4.49%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.64M
$3.18M – $4.25M
NOI $254,725 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Metro by T-Mobile
Mobile Phone Store
Northgate NAILS
Nail Salon
Localcoin Bitcoin ATM ...
Atm
Divyarupa Sunkara
Dental Office
REG PROS
Department Of Motor Vehicles
Similar For Sale Nearby
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FAQs
What type of property is this?
Shopping center - Fully leased retail shop space within Natomas Gardens Shopping Center, anchored by Foods Co. and Western Dental.
Where is this shopping center located?
The property is located at 3645 Northgate Boulevard Sacramento, CA.
What is the asking price?
The asking price for this property is $4,682,000.
What are key features of this property?
This property features: Built in 2003 retail shop space within Natomas Gardens Shopping Center; Fully leased retail space anchored by Foods Co. and Western Dental; Tenant mix includes a pharmacy, bakery, health spa, and nail salon (plus additional service‑oriented users)
