3510 Truxel Rd Sacramento, CA 95834-3621

Property Details for 3510 Truxel Rd

Lot size

0.44 lot acres

Zone code

C-2-PUD

Property type

Commercial land

APN

225-2980-004-0000

APU

22529800040000

Description

This exceptional investment opportunity presents a 4,180 square foot Sherwin-Williams storefront in Sacramento, CA, situated on a 0.44-acre lot. The property boasts a 10-year net lease (NN+) with a corporate guarantee from Sherwin-Williams (NYSE: SHW), a Fortune 500 company with a Standard & Poor's rating of "BBB". The lease commenced December 15, 2024, and expires December 31, 2034, featuring scheduled 10% rent bumps every five years. The property's strong financial performance is reflected in its $3,500,000 asking price and a 5.00% cap rate, generating a net operating income (NOI) of $175,002. Built in 2024, this high-quality building is strategically located near the intersection of Truxel Road and Gateway Park Boulevard, experiencing a combined daily traffic count of 81,147 vehicles. Its proximity to Interstate 80 (130,500 AADT) and Interstate 5 (160,700 AADT) ensures exceptional visibility and accessibility. The surrounding area boasts a thriving retail environment, including major retailers like Home Depot, Walmart, Target, and more, serving a population of 280,603 within a five-mile radius, with an average household income exceeding $120,000 within a three-mile radius. Projected population and income growth further solidify this investment's long-term potential. This e-commerce-resistant tenant and prime location make this a compelling investment opportunity.