Fully Leased Strip
For Sale
$1,175,000
7206 Lindale Dr, Sacramento, CA 95828
The property comprises six retail units within one center building on a commercial parcel.
Property Size6,120 SF
Days on Market67
Property Features for 7206 Lindale Dr
General Information
Standard status
Active
Size
6,120 SF
Property subtype
Retail - Strip
Building Details
Building Size
6,120 SF
Year Built
1964
Units
5
Listing Agency:
NAI Northern California
(209) 518-9025
Listed By:
Joshua Ballesteros · License #02010271
Source:
Commercialcafe
Added: Jun 25
Changed: Aug 29
Last Checked: Aug 30 at 1:11PM
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 Sacramento retail property consists of one strip center building with 6,120 square feet and six units. The center is 100% leased, providing a fully occupied multi-unit retail configuration. Built in 1964, the building occupies a 0.71-acre lot at 7206 Lindale Dr.
The property is located in Sacramento, California, within ZIP code 95828. Its single-building layout and six-unit configuration define the asset, while the existing leases provide full occupancy across the center.
The property is located in Sacramento, California, within ZIP code 95828. Its single-building layout and six-unit configuration define the asset, while the existing leases provide full occupancy across the center.
Key Highlights
- 100% leased strip center
- 6,120 SF building with 6 units
- 0.71 AC lot
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 95828
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
$1.63M
$1.43M – $1.90M
NOI $114,128 @ 7.0% cap · market cap 9.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 95828, CA
63,116
Population
18,603
Households
3.4
Avg Household Size
36
Median Age
17%
College-Educated
77%
High-School Grad
12.4 sq mi
ZIP Area
5,090
Density / Sq Mi
$77,524
Median Household Income
$39,136
Median Earnings
$1,709
Median Rent
$377,300
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 - The property comprises six retail units within one center building on a commercial parcel.
Where is this strip mall located?
The property is located at 7206 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: 100% leased strip center; 6,120 SF building with 6 units; 0.71 AC lot
