Freestanding Restaurant with
For Sale
Contact for pricing
8349 Folsom Blvd, Sacramento, CA 95826
Freestanding restaurant with a drive-thru on Folsom Blvd, remodeled and positioned by major national and regional operators.
Property Size3,050 SF
Price / SF$648.85
Days on Market360
Property Features for 8349 Folsom Blvd
General Information
Standard status
Active
Size
3,050 SF
Property subtype
RETAIL
Additional Details
Road Access
Yes
Amenities
EVgo fast chargers
Listing Agency:
Ethan Conrad Properties
(916) 779-1000
Listed By:
Race Merritt · License #01700659
(916) 600-0330
Source:
Moodyscre
Added: Sep 16, 2025
Changed: Aug 12
Last Checked: Sep 9 at 7:51AM
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 Ethan Conrad Properties
Investment Insights
Based on property information with market context.
This freestanding restaurant features a drive-thru and has been remodeled for an updated appearance. The property is described as being in very attractive condition, and includes on-site EVgo fast chargers.
The site is located along Folsom Blvd, identified as a major thoroughfare in Sacramento. It is shadow-anchored by Raley’s, Starbucks, Subway, and Carl’s Jr, with co-tenants including California Burrito and Bullta Korean BBQ.
Access to public transportation is available nearby, with the College Greens light rail and bus station access across the street, supporting convenient customer and employee mobility.
The site is located along Folsom Blvd, identified as a major thoroughfare in Sacramento. It is shadow-anchored by Raley’s, Starbucks, Subway, and Carl’s Jr, with co-tenants including California Burrito and Bullta Korean BBQ.
Access to public transportation is available nearby, with the College Greens light rail and bus station access across the street, supporting convenient customer and employee mobility.
Key Highlights
- Freestanding restaurant with drive‑thru on Folsom Blvd in Sacramento
- Remodeled and in very attractive condition
- On‑site EVgo fast chargers
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
$57,371
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
2.90%
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%
$1,147,420
$1.1M
Cap Rate 7%
$819,586
$819.6K
Cap Rate 9%
$637,456
$637.5K
Market Conditions
NOI Build-Up for 3,050 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
$80.5K $26.40/SF
− Vacancy
−$4.0K −$1.32/SF
EGI
$76.5K $25.08/SF
− OpEx
−$19.1K −$6.27/SF
NOI
$57.4K $18.81/SF
Area
Sacramento, CA
Vacancy
5.00%
Lease Rate
$26.40 /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%
$1,147,420
Cap Rate 7%
$819,586
Cap Rate 9%
$637,456
Alternative Uses
Best Use
Specialty Retail
$819.6K
$717.1K – $956.2K
NOI $57,371 @ 7.0% cap · market cap 2.90%
Second Best
—
—
no second resolved use
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
459
Businesses Nearby
71k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 51%
Dining 38%
Shops & Services 10%
Raley's
Groceries
36,728 visits/mo
0.2 miles
Starbucks
Dining
8,694 visits/mo
0.2 miles
Carl's Jr.
Dining
7,219 visits/mo
0.2 miles
Mobil
Shops & Services
5,827 visits/mo
0.3 miles
Jack in the Box
Dining
5,806 visits/mo
0.1 miles
Demographics for 95826, CA
39,902
Population
16,712
Households
2.4
Avg Household Size
35
Median Age
36%
College-Educated
93%
High-School Grad
10.5 sq mi
ZIP Area
3,800
Density / Sq Mi
$77,689
Median Household Income
$44,486
Median Earnings
$1,691
Median Rent
$441,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Sacramento, CA
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding restaurant with a drive-thru on Folsom Blvd, remodeled and positioned by major national and regional operators.
Where is this drive through restaurant located?
The property is located at 8349 Folsom Blvd Sacramento, CA.
What is the asking price?
The asking price for this property is $1,979,000.
What are key features of this property?
This property features: Freestanding restaurant with drive‑thru on Folsom Blvd in Sacramento; Remodeled and in very attractive condition; On‑site EVgo fast chargers
