Property profile

5900 Sunrise Blvd Citrus Heights, CA 95610

OFF-MARKET
Retail properties & Spaces
257,584 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a substantial 257,584 square foot vacant storefront for sale. Located at 5900 Sunrise Blvd, Citrus Heights, CA 95610, this two-story building sits on approximately 10 acres of land at the intersection of Sunrise Blvd and Greenback Lane in Sacramento County. This high-traffic location is situated at the second busiest intersection in Sacramento County, between a major employment center. The property, formerly a Sears, includes an Auto Center and Parts & Service buildings. The asking price is $16,301,936, representing a price per square foot of $68. The land value is also priced at $68 per square foot. The property is offered as a NNN lease and is currently vacant. Ample parking is available with approximately 768 spaces, offering a parking ratio of approximately 4 per 1,000 square feet for the first and second floors, and 2 per 1,000 square feet for the lower level. This presents a unique chance to acquire a significant retail space in a high-demand area. The property's size and location make it ideal for a variety of retail uses. Don't miss this opportunity to own a piece of Sacramento County's thriving retail market.

Property profile

Verified
Property type Retail properties & Spaces
Total area 257,584 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store

Location

5900 Sunrise Blvd Citrus Heights, CA 95610
Citrus Heights metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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