5450 Sunrise BlvdCitrus Heights, CA 95610

  • Retail properties
  • 12,923 SF
For Lease

Property Details for 5450 Sunrise Blvd

Year built
1980
Construction
TILT-UP CONCRETE
Lot size
1.39 AC
Property size (Sq ft)
12,923 SF
Zone code
LC
Property type
Retail properties
Property subtype
Retail space
APN
233-0044-005-0000
APU
23300440050000

Description

This ±13,000 square foot single-story retail center is located at 5450 Sunrise Blvd, Citrus Heights, CA 95610, on the southeast corner of Sunrise Boulevard and Alta Sunrise Drive, just north of Madison Avenue. The property, part of the Sunrise Marketplace—a 10-block regional shopping destination including Sunrise Mall (anchored by Macy's and JC Penney) and Birdcage Centre (anchored by Target, Lowe's, Best Buy, Barnes & Noble, and Hobby Lobby)—offers a high-visibility location within an exceptionally sought-after area. Currently, a ±996 square foot space is available, divisible to a minimum of 996 square feet. The center is anchored by Nation's Giant Burgers, with additional tenants including Dos Coyotes and Menchie's Frozen Yogurt, and Mathnasium is coming soon. This presents a unique opportunity for retailers seeking a prime location in a thriving retail environment. The property's address is easily accessible and benefits from high traffic counts due to its strategic placement within a major shopping destination. The available space is ideal for a variety of retail uses, offering excellent visibility and exposure to a large customer base.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,515,271
    6.5%
    $2,321,788
    7%
    $2,155,946
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,649,768
    Geo Method
    $4,649,768
  • Alternative Use

    Use
    Valuation
    Residential
    $1,958,516
    Hospitality
    $1,793,990
    Educational
    $1,492,578
    Medical
    $1,543,910
    Retail
    $2,321,788
5450 Sunrise Blvd, Citrus Heights, California
Leaflet | © OpenStreetMap contributors

Location Insight

City
Citrus Heights
County
Sacramento
State
California
Latitude
38.6664
Longitude
-121.271
CBSA code
40900
CBSA name
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$57,737
$746,490
$3,698,334
$4,444,824
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