6061 Florin Rd Sacramento, CA 95823
- Strip malls
- 34,070 SF
- 4.70 lot acres
Current Use by Public Records
- Chuze Fitness / Fitness Center / Gym
- 24 Hour Fitness / Gym / Fitness Center
Property Details for 6061 Florin Rd
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 4.70 lot acres
- Property size
- 34,070 SF
- Zone code
- SC
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 042-0011-029-0000
- APU
- 4200110290000
Description
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.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.432
- Latitude
- 38.4989
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
