Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Retail Space Available Title is generated by Realmo AI

    6966 Sunrise Blvd, Citrus Heights, CA 95610

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Newly renovated retail space in a high-traffic location.

    Type:Retail
    Added:
    Jul 12, 2023
    Days on Market:
    1037
    Last Refresh:
    Mar 17 at 1:15 pm

    Property Features for 6966 Sunrise Blvd

    General Information

    Standard status
    Active
    Property subtype
    Retail

    Spaces For Lease

    at 6966 Sunrise Blvd Contact us

    We can help!

    Listing Contact
    Natalie Hinkel
    Natalie Hinkel

    Listing agent Natalie Hinkel License ##00357904/#01346275

    Listing office Ray Stone Inc.

    Listing date Jul 12, 2023

    Source Crexi

    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 Ray Stone Inc.

    HighLights

    • High‑traffic location with over 40,000 cars per day.
    • Densely populated area: Over 141,900 people within a 3‑mile radius.
    • Strong co‑tenancy with Planet Fitness, Food Maxx, and Dollar Tree.
    • Located at a signalized intersection on the corner of Sunrise and Woodcreek Road.
    • Newly renovated property.
    • Located in the heart of a densely populated area.

    Overview

    This newly renovated retail property is situated at the signalized intersection of Sunrise and Woodcreek Road. The location benefits from high visibility and traffic, with over 40,000 cars passing by daily. It is positioned within a densely populated area, with a population exceeding 141,900 residents within a 3-mile radius. The property features a strong mix of regional and national co-tenants, including Planet Fitness, Food Maxx, and Dollar Tree.
    Location Intelligence

    Current Use by Public Records

    A-1 Discount Heating ... Hardware & Home Improvement KML Inspections Home Inspector Vista Mortgage Loan Service

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Citrus Heights
    County
    Sacramento
    State
    California
    Longitude
    -121.271157
    Latitude
    38.693221

    Nearby Similar for Lease

    • Contact for pricing

      Citrus Heights Mixed-Use Space

      Two-story building with retail, office, and warehouse space available.
      6140 Auburn Blvd, Citrus Heights, CA 95621
      View Details
    • $1.00 SF/Yr

      Retail Space For Lease

      Retail space available in a busy retail area.
      7777 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • $1.05 SF/Yr

      Retail Space on Auburn Blvd

      Retail space for lease on high-traffic Auburn Blvd.
      8500 Auburn Blvd., Citrus Heights, CA 95610
      View Details
    • $1.30 SF/Yr

      Retail/Flex Building For Lease

      Retail/flex building for lease with ample parking on-site.
      5910 Auburn Boulevard, Citrus Heights, CA, 95621
      View Details
    • $3,000/Mo

      Citrus Heights Retail/Office/Warehouse Space

      Two-story building with retail, office, and warehouse space for rent.
      6140 Auburn Blvd, Citrus Heights, CA 95621
      View Details
    • $1.25 SF/Yr

      Office Sublease on Sunrise Blvd

      Office space for sublease in Citrus Heights, CA.
      5735 Sunrise Blvd, Citrus Heights, CA 95610
      View Details
    • $1.75 SF/Yr

      Retail Spaces For Lease

      Retail spaces available in anchored shopping center with high traffic.
      6029-6085 Greenback Lane, Citrus Heights, CA 95621
      View Details
    • $1.25 SF/Yr

      Flex Warehouse with Yard Space

      Flex warehouse with office, detached warehouse, and yard for lease.
      Citrus Heights, CA 95610
      View Details
    • $1.25 SF/Yr

      Flex Warehouse with Yard Space

      Flex warehouse with office, detached warehouse, and yard for lease.
      7553 Auburn Blvd., Citrus Heights, CA 95610
      View Details
    • $1.35 SF/Yr

      Former Dance Studio For Lease

      Approximately 3,000 SF space in a neighborhood center.
      6104 San Juan Ave, Citrus Heights, CA 95610
      View Details
    • Contact for pricing

      Citrus Heights Retail Space Available

      Neighborhood center in a regional shopping destination.
      7925 Greenback Ln, Citrus Heights, CA 95610
      View Details
    • $1.00 SF/Yr

      Retail Space in Citrus Heights

      Retail shopping center with high visibility and easy access.
      6029 San Juan Ave, Citrus Heights, CA
      View Details

    FAQs

    What type of property is this?
    Retail space - Newly renovated retail space in a high-traffic location.
    Where is this retail space located?
    The property is located at 6966 Sunrise Blvd Citrus Heights, CA.
    What are key features of this property?
    This property features: High‑traffic location with over 40,000 cars per day.; Densely populated area: Over 141,900 people within a 3‑mile radius.; Strong co‑tenancy with Planet Fitness, Food Maxx, and Dollar Tree.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Natalie Hinkel
    Natalie Hinkel
    Real Estate License ID: #00357904/#01346275
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    6966 Sunrise Blvd, Citrus Heights, CA 95610
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!