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6061 Florin Rd Sacramento, CA 95823

Sponsored
For Sale
$9,073,000

High-yield, NNN-leased fitness center

Property size:
34,070 SF

Description

Added:
Dec 11, 2024
Days on Market:
391
This exceptional investment opportunity presents a 34,070 square foot, Class B, two-story shopping center in Sacramento, CA, fully occupied by Chuze Fitness under a 15-year NNN lease with two 5-year options. Located at the signalized intersection of Florin Rd and Stockton Blvd, this high-traffic location boasts over 85,500 cars daily. The property sits on a 4.73-acre lot and is part of a dominant community center, shadow-anchored by a Walmart Supercenter, PetSmart, and AutoZone, ensuring strong regional draw. Built in 2008, the single-tenant building offers a stable, long-term investment with a 7.25% cap rate and a substantial NOI of $657,809. The asking price is $9,073,000, translating to $266.30 per square foot. This investment provides long-term stability with minimal leasing responsibilities, making it an attractive opportunity for discerning investors seeking a high-performing, net-leased asset in a prime Sacramento location. The tenant, Chuze Fitness, operates 58 locations across multiple states, demonstrating a strong and established brand presence. This property offers a compelling combination of strong tenant occupancy (100%), a desirable location, and a secure, long-term lease.

Property Features for 6061 Florin Rd

General Information

Property type
Lifestyle centers
Square Feet
34,070 SF
Class
B
Lot Size
206,039 SF

Building Details

Year Built
2008
Buildings
1
Stories
2

HighLights

  • 15‑Year NNN Lease with Chuze Fitness, including multiple renewal options, providing long‑term stability and minimal landlord responsibilities.
  • High‑visibility location at the signalized intersection of Florin Rd and Stockton Blvd, with over 85,500 cars per day.
  • Strong regional draw, situated within a dominant community center anchored by Walmart Supercenter, PetSmart, and AutoZone, and surrounded by complementary, recession‑resistant businesses.
Property Profile Location Intelligence

Current Use by Public Records

Chuze Fitness Fitness Center 24 Hour Fitness Gym

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Sacramento
County
Sacramento
State
California
Longitude
-121.4319578
Latitude
38.4991204

FAQs

What type of property is this?
Lifestyle center - High-yield, NNN-leased fitness center
Where is this lifestyle center located?
The property is located at 6061 Florin Rd Sacramento, CA.
What is the asking price?
The asking price for this property is $9,073,000.
What are key features of this property?
This property features: 15-Year NNN Lease with Chuze Fitness, including multiple renewal options, providing long-term stability and minimal landlord responsibilities.; High-visibility location at the signalized intersection of Florin Rd and Stockton Blvd, with over 85,500 cars per day.; Strong regional draw, situated within a dominant community center anchored by Walmart Supercenter, PetSmart, and AutoZone, and surrounded by complementary, recession-resistant businesses.
More about this property
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