Retail Building with
4241 Marconi Avenue, Sacramento, CA 95821
For Sale
Contact for pricing
A former pharmacy building offers pylon signage and parking in Sacramento’s Arden-Arcade area.
Property Size17,272 SF
Lot Size1.41 Acres
Price / SF$188.17
Days on Market31
Property Features for 4241 Marconi Avenue
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Neighborhood
Corner Location
Drive-Thru
Pylon Signage
Building Details
Year Built
Buildings
Tenancy
Parking Ratio
Listing Agency:
Ethan Conrad Properties Inc
Listed By:
Race Merritt · License CA #01700659
(916) 600-0330
Source:
Crexi
Added: Oct 15
Changed: Nov 8
Last Checked: Nov 12 at 8:05AM
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 Ethan Conrad Properties Inc
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Investment Insights
Based on property information with market context.
The 17,272 SF retail building was constructed in 2009 and previously operated as a Rite Aid. Its features include a drive-through, pylon signage, and parking at a ratio of 4 spaces per 1,000 SF. The property occupies approximately 1.41 acres.
Situated at Marconi Avenue and Eastern Avenue, the site is in Sacramento’s Arden/Watt/Howe submarket, serving nearby Arden-Arcade residential communities.
Situated at Marconi Avenue and Eastern Avenue, the site is in Sacramento’s Arden/Watt/Howe submarket, serving nearby Arden-Arcade residential communities.
Key Highlights
- 17,272 SF retail building on approximately 1.41 acres
- Drive‑through facility
- Parking ratio of 4 spaces per 1,000 SF
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$267,873
Cap Rate
8.24%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,357,460
$5.4M
Cap Rate 7%
$3,826,757
$3.8M
Cap Rate 9%
$2,976,367
$3.0M
Market Conditions
NOI Build-Up for 17,272 SF
Gross rent
$406.2K $23.52/SF
− Vacancy
−$23.6K −$1.36/SF
EGI
$382.7K $22.16/SF
− OpEx
−$114.8K −$6.65/SF
NOI
$267.9K $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 Rate 5%
$5,357,460
Cap Rate 7%
$3,826,757
Cap Rate 9%
$2,976,367
Alternative Uses
Best Use
Retail
$3.83M
$3.35M – $4.46M
NOI $267,873 @ 7.0% cap · market cap 8.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.64M
$4.06M – $5.41M
NOI $324,886 @ 7.0% cap · market cap 10.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
578
Businesses Nearby
68k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 64%
Shops & Services 36%
McDonald's
Dining
13,634 visits/mo
0.1 miles
Panda Express
Dining
13,585 visits/mo
0.0 miles
ARCO
Shops & Services
12,314 visits/mo
0.0 miles
Taco Bell
Dining
11,870 visits/mo
0.1 miles
AMPM
Shops & Services
4,673 visits/mo
0.0 miles
Demographics for 95821, CA
39,310
Population
16,403
Households
2.4
Avg Household Size
37
Median Age
28%
College-Educated
87%
High-School Grad
7.1 sq mi
ZIP Area
5,537
Density / Sq Mi
$58,331
Median Household Income
$41,630
Median Earnings
$1,342
Median Rent
$470,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Retail space in Sacramento
Vacancy Rate% for Retail in Sacramento, CA
Frequently Asked Questions
What type of property is this?
Retail space - A former pharmacy building offers pylon signage and parking in Sacramento’s Arden-Arcade area.
Where is this retail space located?
The property is located at 4241 Marconi Avenue Sacramento, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: 17,272 SF retail building on approximately 1.41 acres; Drive‑through facility; Parking ratio of 4 spaces per 1,000 SF
