3531 N Freeway Blvd Sacramento, CA 95834
For Lease
This exceptional power center, Promenade at Sacramento Gateway, offers unparalleled retail opportunities in the thriving Natomas submarket of Sacramento County. Strategically located near the intersection of Interstates 80 and 5, this center boasts exceptional visibility with unobstructed freeway frontage along Interstate 80, experiencing an average daily traffic count of 140,000 vehicles. The center is anchored by a strong lineup of national retailers including Target, Barnes & Noble, Bed Bath & Beyond, Michaels, TJ Maxx, Old Navy, Big 5, Ulta, Best Buy, Burlington Coat Factory, Ashley Furniture, and Boot Barn, ensuring high foot traffic and a robust customer base. Both anchor and shop spaces are currently available. Building and monument signage opportunities are also available to enhance brand visibility. The property benefits from its proximity to Downtown Sacramento (five minutes away) and serves the greater Sacramento area. This high-growth community is supported by over 70,000 existing, new, and planned residential units within the Natomas trade area, creating a substantial and expanding consumer base. Furthermore, the upcoming completion of Centene Corporate Headquarters, projected to add 5,500 employees, will significantly bolster the daytime employment population and further enhance the area's economic vitality. This presents a unique opportunity to establish a presence in one of Sacramento County's strongest retail areas.
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BJ's Restaurant & Brewhouse Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SC-PUD · Sacramento, CASacramento. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.