Arden Way Commercial Property For
3301 Arden Wy, Sacramento, CA 95825
Commercial property at signalized intersection near retail and medical facilities.
Type:Hospitality, Office, Retail
Property size:
12,800 SFPrice / SF:
$230/SF- Added:
- Sep 15, 2024
- Days on Market:
- 625
- Last Refresh:
- May 12 at 10:19 pm
Property Features for 3301 Arden Wy
General Information
- Standard status
- Active
- Size
- 12,800 SF
- Property subtype
- Hospitality, Office, Retail
Listing agent Nader Fard License #CA 00704508
Listing office Real Estate Source Inc
Listing date Sep 15, 2024
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 Real Estate Source Inc
HighLights
- Owner financing is a possibility with 15%-20% down payment.
- Excellent location at the signalized intersection of Arden Way & Professional Drive.
- Across from Safeway, Orchard Supply Hardware, and Dollar Store shopping center.
- Benefits from reciprocal retail traffic from neighboring shopping center.
- Benefits from reciprocal retail traffic from the Professional Drive medical corridor.
- Current CAP rate (with 800 SF current Vacancy).
Overview
This 12,800 square foot commercial property is located at the signalized intersection of Arden Way and Professional Drive, across from a shopping center containing a Safeway supermarket, Orchard Supply Hardware, and a Dollar Store. The location benefits from reciprocal retail traffic generated by the neighboring shopping center and the Professional Drive medical corridor, as well as the nearby retail trade areas of Watt Avenue and Arden Way. Owner financing is a possibility with a 15%-20% down payment. The current CAP rate reflects an 800 square foot vacancy.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $301.1k | $23.52 |
| − Vacancy | −$17.5k | −$1.36 |
| EGI | $283.6k | $22.16 |
| − OpEx | −$85.1k | −$6.65 |
| NOI | $198.5k | $15.51 |
12,800 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.84M
$2.48M – $3.31M
NOI $198,516 @ 7.0% cap · market cap 6.73%
Second Best
Hotel Hospitality
$2.63M
$2.30M – $3.06M
NOI $183,870 @ 7.0% cap · market cap 6.23%
Theoretical Best
Specialty Retail
$3.44M
$3.01M – $4.01M
NOI $240,768 @ 7.0% cap · market cap 8.16%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Hummingbird COVID Testing ...
Training Center
#1 Psychic and Spiritual ...
Spiritual Center
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.387391
- Latitude
- 38.5964238
Nearby Similar for Sale
FAQs
What type of property is this?
Retail property - Commercial property at signalized intersection near retail and medical facilities.
Where is this retail property located?
The property is located at 3301 Arden Wy Sacramento, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Owner financing is a possibility with 15%-20% down payment.; **Excellent location at the signalized intersection of Arden Way & Professional Drive.**; Across from Safeway, Orchard Supply Hardware, and Dollar Store shopping center.
