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1895 Howe Ave Sacramento, CA 95825

Sponsored
For Sale
$3,500,000

Prime Sacramento Retail, High NOI

Property size:
12,844 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 12,844 square foot retail property located at 1895 Howe Avenue in Sacramento, California, 95825. The property, built in 1980 and extensively renovated in 2024, boasts a strong net operating income (NOI) of $184,953, yielding a 5.30% capitalization rate at an asking price of $3,500,000. The property is currently leased to CSL Plasma under a Net Net (NN) lease with a substantial 13.5 years remaining, providing long-term stability and predictable cash flow. The lease includes options, ensuring continued occupancy. The building sits on a large 55,321 square foot lot, offering ample parking. The $272.50 per square foot price reflects the property's prime location and recent, extensive renovations, including a complete ground-up rehab costing $2.8 million. This strategically located property enjoys convenient proximity to Kaiser Permanente, enhancing its appeal and potential for continued success. The property's size, strong tenant, and long-term lease make it an ideal addition to any commercial real estate portfolio. This is a rare opportunity to acquire a high-performing, well-located retail asset in a thriving Sacramento market.

Property Features for 1895 Howe Ave

General Information

Property type
Individual retail properties
Square Feet
12,844 SF

Building Details

Year Built/Renovated
1980/2024

HighLights

  • NOI of $184,953.
  • Asking price: $3.5 million.
  • 13.5 years remaining on lease with options.
  • $2.8 million in recent tenant improvements (ground‑up rehab).
  • Ample parking.
  • Excellent location near Kaiser Permanente.
Property Profile Location Intelligence

Current Use by Public Records

Drug stores

Suggested Use

Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Hotel & Motel

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.4157627
Latitude
38.5996986

FAQs

What type of property is this?
Individual retail property - Prime Sacramento Retail, High NOI
Where is this individual retail property located?
The property is located at 1895 Howe Ave Sacramento, CA.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: NOI of $184,953.; Asking price: $3.5 million.; 13.5 years remaining on lease with options.
More about this property
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