Retail Building Near Highway
For Sale
Contact for pricing
4506 Brookfield Dr, Sacramento, CA 95823
4,400 SF retail building with full kitchen for sale.
Property Size4,400 SF
Price / SF$200
Days on Market2218
Property Features for 4506 Brookfield Dr
General Information
Standard status
Active
Size
4,400 SF
Class
C
Property subtype
Retail
Zoning
C-2-R
Occupancy
100%
Lease Type
NNN
Investment Type
Owner/User
Building Details
Buildings
1
Stories
1
Units
1
Tenancy
Single
Listing Agency:
Epic Real Estate Advisors, Inc
Listed By:
Heath Charamuga · License #CA 01189551
(916) 716-3037
Source:
Crexi
Added: Aug 11, 2020
Changed: Aug 14
Last Checked: Sep 1 at 11:49PM
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 Epic Real Estate Advisors, Inc
Investment Insights
Based on property information with market context.
This 4,400 square foot retail building is located near Highway 99, just east of Franklin Blvd., between Florin Road and Mack Road. The building features a full kitchen with a hood, a large cement back patio, and two bathrooms, with one recently remodeled. Having been occupied as a grocery store for over 20 years, the building can be subdivided into four individual spaces, as it is separately metered.
Key Highlights
- 4,400 square foot retail building suitable for various business types.
- Subdividable into four individual spaces with separate meters.
- Full kitchen with hood, ideal for food‑related businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$77,755
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.84%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,555,100
$1.6M
Cap Rate 7%
$1,110,786
$1.1M
Cap Rate 9%
$863,944
$863.9K
Market Conditions
NOI Build-Up for 4,400 SF
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.
Gross rent
$110.9K $25.20/SF
− Vacancy
−$7.2K −$1.64/SF
EGI
$103.7K $23.56/SF
− OpEx
−$25.9K −$5.89/SF
NOI
$77.8K $17.67/SF
Area
ZIP 95823
Vacancy
6.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,555,100
Cap Rate 7%
$1,110,786
Cap Rate 9%
$863,944
Alternative Uses
Best Use
Specialty Retail
$1.11M
$971.9K – $1.30M
NOI $77,755 @ 7.0% cap · market cap 8.84%
Second Best
Retail
$974.9K
$853.0K – $1.14M
NOI $68,240 @ 7.0% cap · market cap 7.75%
Theoretical Best
Office A
$2.50M
$2.19M – $2.92M
NOI $174,970 @ 7.0% cap · market cap 19.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 95823, CA
81,212
Population
25,465
Households
3.2
Avg Household Size
33
Median Age
16%
College-Educated
75%
High-School Grad
11.5 sq mi
ZIP Area
7,062
Density / Sq Mi
$63,701
Median Household Income
$34,582
Median Earnings
$1,533
Median Rent
$372,100
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Similar Off Market Nearby
- 新顺发 — 4600 Mack Rd, Sacramento, CA 95823
- Food 4 Less — 4551 Mack Rd, Sacramento, CA 95823
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - 4,400 SF retail building with full kitchen for sale.
Where is this grocery and convenience store located?
The property is located at 4506 Brookfield Dr Sacramento, CA.
What is the asking price?
The asking price for this property is $880,000.
What are key features of this property?
This property features: 4,400 square foot retail building suitable for various business types.; Subdividable into four individual spaces with separate meters.; Full kitchen with hood, ideal for food‑related businesses.
