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 Market704
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 Contact us- Floor
- Bldg
- Size
- 3,065 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
7552 Greenback Ln
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: Sep 13
Last Checked: Sep 16 at 7:34PM
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
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 = 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
$39,901
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
4.51%
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%
$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
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
$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 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%
$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.
Property Analytics
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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
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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
