8320 Delta Shr Cir Sacramento, CA 95832

Property Details for 8320 Delta Shr Cir

Year built

2021

Lot size

7.54 lot acres

Property size

85,303 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

This exceptional investment opportunity presents a meticulously maintained, Class A, 85,303 square foot At Home retail property located at 8320 Delta Shores Cir S, Sacramento, CA 95832. Boasting a strong corporate guarantee and a long-term NNN lease with 11.5 years remaining (expiring 05/31/2036), this single-tenant shopping center offers significant upside potential. The property features built-in rent bumps of 10% every 5 years, ensuring consistent income growth. With a current NOI of $1,464,836 and an attractive 8.25% cap rate, this asset represents a compelling addition to any portfolio. Constructed in 2021 on a 7.54-acre lot, the property benefits from its prime location within the vibrant Delta Shores Regional Shopping Center, a large-scale retail hub with over 70 stores. This thriving area enjoys robust demographics, with an average household income exceeding $99,000 and over 297,000 residents within a 5-mile radius. The property's strategic positioning along a major retail corridor, with excellent freeway visibility and access to Interstate-5 (116,000+ vehicles per day), ensures high traffic volume. The Delta Shores community, an 800-acre mixed-use development, is experiencing significant growth, further enhancing the property's long-term value. This is the only At Home store within a 100-mile radius, minimizing competition and maximizing market share. The asking price is $17,760,000.