3355 Arden Way Sacramento, CA 95825-2022

Property Details for 3355 Arden Way

Year built

1970

Construction

TILT-UP CONCRETE

Lot size

0.45 lot acres

Property size

7,492 SF

Zone code

LC

Property type

Retail space

APN

279-0253-013-0000

APU

27902530130000

Description

This exceptional leasehold investment opportunity presents a fully occupied, 7,410-square-foot multi-tenant retail center in Sacramento, CA. Boasting a 7.81% capitalization rate and situated on a 0.45-acre lot at 3355 Arden Wy, 95825, this property enjoys high visibility with 26,453 vehicles passing daily. The center is comprised of five tenants on NNN leases, including a major tenant, Warehouse Paint, occupying 4,235 square feet since 1985. Other tenants include The Dugout Deli (1,150 sq ft), Paradise Massage (825 sq ft), Nada’s Tailoring (650 sq ft), and Artsitas (550 sq ft), each with varying lease terms. The property features 23 parking spaces and is zoned LC. Built in 1970, the building is part of a leasehold interest; the land is leased at $3,270 per month through February 28, 2028, with three additional ten-year options and a Fair Market Value adjustment clause. Conveniently located approximately 4 miles northeast of downtown Sacramento, near Interstate 80 and Highway 50, this property benefits from a strong population base exceeding 142,000 within a three-mile radius and over 349,000 within five miles, including proximity to Arden Fair Mall. This stabilized investment offers a compelling combination of strong tenancy, high traffic counts, and a superior cap rate. The asking price is $800,000, with a net operating income (NOI) of $62,519. Rent bumps are included in the lease agreements.

Location Insight

City

Sacramento

County

Sacramento

State

California

Longitude

-121.385

Latitude

38.5962

CBSA code

40900

CBSA name

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

Property Tax & Assessments