9311 La Riviera DrSacramento, CA 95826

Property Details for 9311 La Riviera Dr

Year built

1979

Construction

WOOD

Lot size

0.60 AC

Property size (Sq ft)

6,705 SF

Zone code

LC

Property type

Retail properties

Property subtype

Strip malls

APN

075-0084-003-0000

APU

7500840030000

Description

This exceptional retail opportunity is located at 9311 La Riviera Dr, Sacramento, CA 95826, within the Riviera Center shopping center. The property offers three available spaces ranging in size from 600 square feet to 2,400 square feet, perfect for a variety of retail businesses. The center enjoys a highly desirable location, nestled within a thriving residential area densely populated with apartments and homes. Its strategic proximity to California State University, Sacramento, ensures a consistent flow of potential customers. Furthermore, the convenient access to Highway 50 provides excellent visibility and accessibility for both customers and employees. The strong demographics of the area are a significant advantage, with over 40,837 households and a population of 97,797 within a 3-mile radius, presenting a substantial customer base. The property is classified as a multi-tenant shopping center in Sacramento County, offering affordable rental rates, making it an attractive investment for businesses seeking a strong foothold in a vibrant community. This is a rare opportunity to secure retail space in a well-established center with excellent access and a proven track record. The available spaces are adaptable to various retail concepts, providing flexibility for potential tenants. Contact us today to learn more about this exciting investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,548,804

  6.5%

  $1,429,665

  7%

  $1,327,546

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,412,496

  Geo Method

  $2,412,496

• Alternative Use

  Use

  Valuation

  Residential

  $1,205,976

  Hospitality

  $1,104,667

  Educational

  $919,070

  Medical

  $950,678

  Retail

  $1,429,665

Location Insight

City

Sacramento

County

Sacramento

State

California

Latitude

38.5627

Longitude

-121.359

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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