2326 Fair Oaks Blvd Sacramento, CA 95825
- Retail space
- 10,511 SF
- 1.14 lot acres
Current Use by Public Records
- Elegant Designs / (Bike/Boat/Book/etc) Store
- Conway / (Bike/Boat/Book/etc) Store
- Domino's Pizza / Take-out & Catering
- KB NAILS | Nail Salon Sacramento / Nail Salon
- Our Family BBQ and Pies / Restaurant
Property Details for 2326 Fair Oaks Blvd
- Year built
- 1980
- Construction
- WOOD
- Lot size
- 1.14 lot acres
- Property size
- 10,511 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- 294-0140-032-0000
- APU
- 29401400320000
Description
This exceptional multi-tenant retail property, located at 2326 Fair Oaks Blvd in Sacramento, California, presents a compelling investment opportunity. The 10,500 square foot building sits on a 1.14-acre lot zoned LC Light Commercial (APN 294-0140-032) and boasts a strong tenant roster including Domino's Pizza, KB Nails, Cheveux Artistry Salon, Elegan Designs, The Wax Room, and Family BBQ & Pies. The property features a diverse mix of established businesses, including two restaurants—one with a patio—and five complementary retail tenants offering nail services, hair styling, aesthetics, tanning, and seamstress services. This creates a synergistic environment, providing a cost-effective alternative to nearby shopping centers. The building benefits from prominent monument signage on Fair Oaks Boulevard, positioned advantageously near a crosswalk connecting to a major shopping center. The property's current Net Operating Income (NOI) is $213,552, resulting in a 5.75% capitalization rate. The asking price is $3,723,268. This stabilized asset offers a strong return on investment with a diverse tenant base and high visibility location. The largest tenant is KB Nails, while Domino's Pizza is a highly recognizable anchor tenant. This is a rare opportunity to acquire a well-positioned, income-producing retail center in a thriving Sacramento location.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,715,000
- 6.5%
- $2,510,000
- 7%
- $2,330,000
-
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $3,150,000 Current use
- NEIGHBORHOOD: SHOPPING CENTER
- $3,295,000 Change: +5% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $3,140,000 Change: -0% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,690,000 Change: -15% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Sacramento
- County
- Sacramento
- State
- California
- Longitude
- -121.41
- Latitude
- 38.5732
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA