Freestanding Retail/Industrial Building For
For Sale
Contact for pricing
7552 Greenback Ln, Citrus Heights, CA
Freestanding retail/industrial building on Greenback Lane retail corridor.
Property Size3,065 SF
Lot Size4.40 Acres
Price / SF$288.74
Days on Market749
Property Features for 7552 Greenback Ln
General Information
Standard status
Active
Size
3,065 SF
Lot size
4.40 Acres
Property subtype
RETAIL
Properties For Sale
at 7552 Greenback Ln
7552 Greenback Ln
AVAILABLE, Now
Floor
Bldg
Size
3,065 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
Listing Agency:
Rome Real Estate Group
(916) 932-2199
Listed By:
Chase Burke · License #01879336
(916) 705-8132
Source:
Moodyscre
Added: Oct 15, 2024
Changed: Oct 31
Last Checked: Nov 1 at 8:38AM
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 Rome Real Estate Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail/industrial building offers approximately 3,065 square feet of space. The property benefits from excellent building signage visible from Greenback Lane. Its location is on Greenback Lane, between San Juan Avenue and Sunrise Boulevard, placing it within one of the busiest retail corridors in Sacramento County. The property is surrounded by a high concentration of major retailers, including Safeway, Kohl’s, Burlington Coat Factory, Ross Dress for Less, and Sam’s Club. It is also located in close proximity to the Sunrise Mall and Marketplace at Birdcage shopping center.
Key Highlights
- Excellent Location: Situated on Greenback Lane, a busy retail corridor in Sacramento County.
- Freestanding ±3,065 sq ft Retail/Industrial Building
- Excellent building signage visible from Greenback Lane
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,901
Cap Rate
4.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,020
$798.0K
Cap Rate 7%
$570,014
$570.0K
Cap Rate 9%
$443,344
$443.3K
Market Conditions
NOI Build-Up for 3,065 SF
Gross rent
$60.3K $19.68/SF
− Vacancy
−$3.3K −$1.08/SF
EGI
$57.0K $18.60/SF
− OpEx
−$17.1K −$5.58/SF
NOI
$39.9K $13.02/SF
Area
Sacramento County, CA
Vacancy
5.50%
Lease Rate
$19.68 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$798,020
Cap Rate 7%
$570,014
Cap Rate 9%
$443,344
Alternative Uses
Best Use
Retail
$570.0K
$498.8K – $665.0K
NOI $39,901 @ 7.0% cap · market cap 4.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$816.5K
$714.5K – $952.6K
NOI $57,157 @ 7.0% cap · market cap 6.46%
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
Location Intelligence
Trade Area within ½ mile
639
Businesses Nearby
1k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Public Storage
Shops & Services
1,077 visits/mo
0.5 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - Freestanding retail/industrial building on Greenback Lane retail corridor.
Where is this retail space located?
The property is located at 7552 Greenback Ln Citrus Heights, CA.
What is the asking price?
The asking price for this property is $885,000.
What are key features of this property?
This property features: Excellent Location: Situated on Greenback Lane, a busy retail corridor in Sacramento County.; Freestanding ±3,065 sq ft Retail/Industrial Building; Excellent building signage visible from Greenback Lane
