3311 Power Inn Rd Sacramento, CA 95826-3836

Property Details for 3311 Power Inn Rd

Year built

2002

Construction

WOOD

Lot size

0.93 lot acres

Property size

8,951 SF

Zone code

C-2-SWR-PU

Property type

Grocery and convenience stores

APN

079-0430-001-0000

APU

7904300010000

Description

This exceptional Sacramento retail investment opportunity presents a 7,574 square foot, 100% occupied, multi-tenant property at 3311 Power Inn Rd, Sacramento, CA 95826. The property, built in 2002, features three established tenants: Kikis Chicken, Flying Wok, and Agave Mex, offering diverse dining options. The Net Lease (NNN) investment boasts a strong pro-forma cap rate of 5.95% and a pro-forma NOI of $169,780, supported by recently extended 5-year and 10-year leases with 3% annual rent bumps. Situated on a 0.88-acre lot with ample parking (36 spaces per 1,000 sq ft), the Class B property benefits from a high-traffic location near major freeways, experiencing over 50,000 vehicles per day. The central Sacramento location is further enhanced by proximity to public transportation and the Granite Regional Office Park, drawing from a robust commercial submarket and a large daytime population (over 579,000 within a 5-mile radius). The property is zoned C-2 and includes one single-story building. The asking price is $2,850,000 ($376.29/sq ft). This low-management, multi-tenant property offers a stable income stream and significant long-term investment potential, further enhanced by its location near California State University Sacramento and the high-traffic corridor of Power Inn Road, a major employment hub for manufacturing and construction. The property's proximity to a large city park also contributes to weekend traffic. The APN is 079-0430-001.

Location Insight

City

Sacramento

County

Sacramento

State

California

Longitude

-121.408

Latitude

38.5445

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments