Strip Mall Retail
For Sale
Contact for pricing
7206-7216 Lindale Dr, Sacramento, CA 95823
Strip mall with multiple separately metered units serving a retail corridor near major Sacramento thoroughfares.
Property Size6,120 SF
Price / SF$191.99
Days on Market66
Property Features for 7206-7216 Lindale Dr
General Information
Standard status
Active
Size
6,120 SF
Property subtype
RETAIL
Additional Details
Traffic Count
34,211 vehicles/day
Building Details
Tenancy
Multi
Listing Agency:
NAI Northern California
(510) 336-4712
Listed By:
Joshua Ballesteros · License #02010271
(209) 518-9025
Source:
Moodyscre
Added: Jul 10
Changed: Sep 6
Last Checked: Sep 12 at 8:17AM
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 NAI Northern California
Investment Insights
Based on property information with market context.
This strip mall includes multiple retail storefronts within a single property at 7206–7216 Lindale Dr. The units are separately metered for gas and electric, supporting independent utility management by tenants.
The property is located near the intersection of Stockton Blvd and Florin Road, described as two of the busiest arteries in the city of Sacramento. Public remarks indicate a high traffic count of 34,211 MPSI in front of the property and a centrally located position within a high-traffic retail trade corridor.
The tenant mix referenced in the public remarks includes restaurant, barbershop, smoke shop, and ethnic clothier, among other uses. Additional nearby national retailers are noted in the remarks, including Walmart Supercenter, Starbucks, McDonald's, PetSmart, Panda Express, and Burlington Coat Factory, among others.
The property is located near the intersection of Stockton Blvd and Florin Road, described as two of the busiest arteries in the city of Sacramento. Public remarks indicate a high traffic count of 34,211 MPSI in front of the property and a centrally located position within a high-traffic retail trade corridor.
The tenant mix referenced in the public remarks includes restaurant, barbershop, smoke shop, and ethnic clothier, among other uses. Additional nearby national retailers are noted in the remarks, including Walmart Supercenter, Starbucks, McDonald's, PetSmart, Panda Express, and Burlington Coat Factory, among others.
Key Highlights
- Strip mall near the intersection of Stockton Blvd and Florin Road in Sacramento
- Tenant mix includes restaurant, barbershop, smoke shop, and ethnic clothier, plus more
- Each unit is separately metered for gas and electric
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
$94,916
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
8.08%
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%
$1,898,320
$1.9M
Cap Rate 7%
$1,355,943
$1.4M
Cap Rate 9%
$1,054,622
$1.1M
Market Conditions
NOI Build-Up for 6,120 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
$143.9K $23.52/SF
− Vacancy
−$8.3K −$1.36/SF
EGI
$135.6K $22.16/SF
− OpEx
−$40.7K −$6.65/SF
NOI
$94.9K $15.51/SF
Area
ZIP 95823
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 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%
$1,898,320
Cap Rate 7%
$1,355,943
Cap Rate 9%
$1,054,622
Alternative Uses
Best Use
Retail
$1.36M
$1.19M – $1.58M
NOI $94,916 @ 7.0% cap · market cap 8.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.48M
$3.04M – $4.06M
NOI $243,368 @ 7.0% cap · market cap 20.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
34,211 VPD
Traffic count
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,077
Businesses Nearby
358k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 39%
Shops & Services 29%
Dining 28%
Apparel 2%
Walmart
Superstores
141,135 visits/mo
0.5 miles
Dollar Tree
Shops & Services
29,416 visits/mo
0.4 miles
McDonald's
Dining
23,289 visits/mo
0.2 miles
Panda Express
Dining
19,970 visits/mo
0.4 miles
Bank of America
Shops & Services
17,487 visits/mo
0.2 miles
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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Frequently Asked Questions
What type of property is this?
Strip mall - Strip mall with multiple separately metered units serving a retail corridor near major Sacramento thoroughfares.
Where is this strip mall located?
The property is located at 7206-7216 Lindale Dr Sacramento, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Strip mall near the intersection of Stockton Blvd and Florin Road in Sacramento; Tenant mix includes restaurant, barbershop, smoke shop, and ethnic clothier, plus more; Each unit is separately metered for gas and electric
