East Sacramento Corner Retail
For Sale
$1,895,000
3001 L Street, Sacramento, CA 95816
Retail space in East Sacramento with freeway access.
Property Size10,300 SF
Price / SF$183.98
Days on Market128
Property Features for 3001 L Street
General Information
Standard status
Active
Size
10,300 SF
Property subtype
Retail
Listing Agency:
CBRE | Sacramento
(916) 446-8760
Listed By:
Chris Campbell · License #1204114
(916) 446-8760
Source:
Cbre
Added: Mar 25
Changed: Jul 6
Last Checked: Jul 30 at 4:04AM
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 CBRE | Sacramento
Investment Insights
Based on property information with market context.
Located on the corner of L and 30th Streets in East Sacramento, this retail space offers quick access to the Capital City Freeway. The property is in close proximity to the Sutter Health medical complex. The property size is 10300 square feet.
Key Highlights
- Located on the corner of L and 30th Streets in East Sacramento
- Quick access to Captial City Freeway
- Close proximity to Sutter Health medical complex
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 | $242.3k | $23.52 |
| − Vacancy | −$14.1k | −$1.36 |
| EGI | $228.2k | $22.16 |
| − OpEx | −$68.5k | −$6.65 |
| NOI | $159.7k | $15.51 |
10,300 SF · lease $23.52/SF/yr · vacancy 5.80% · expense 30.00%
Alternative Uses
Best Use
Retail
$2.28M
$2.00M – $2.66M
NOI $159,744 @ 7.0% cap · market cap 8.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.77M
$2.42M – $3.23M
NOI $193,743 @ 7.0% cap · market cap 10.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7,671
Businesses Nearby
212k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 60%
Shops & Services 35%
Hotels & Casinos 4%
Home Improvements & Furnishings 1%
McDonald's
Dining
32,775 visits/mo
0.5 miles
ARCO
Shops & Services
20,933 visits/mo
0.4 miles
The Old Spaghetti Factory
Dining
18,385 visits/mo
0.4 miles
Del Taco
Dining
16,425 visits/mo
0.5 miles
Quick Quack Car Wash
Shops & Services
10,117 visits/mo
0.4 miles
Demographics for 95816, CA
18,606
Population
11,553
Households
1.6
Avg Household Size
36
Median Age
65%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
6,891
Density / Sq Mi
$90,521
Median Household Income
$61,407
Median Earnings
$1,647
Median Rent
$789,700
Median Home Value
Market
Vacancy Rate% for Retail in Sacramento, CA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space in East Sacramento with freeway access.
Where is this retail space located?
The property is located at 3001 L Street Sacramento, CA.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: Located on the corner of L and 30th Streets in East Sacramento; Quick access to Captial City Freeway; Close proximity to Sutter Health medical complex