5411 San Juan Ave Citrus Heights, CA 95610-7418
- Retail space
- 2,346 SF
- 0.19 lot acres
Sep 28, 2021
Current Use by Public Records
- Kaizen Cutz. / Barber Shop
- World Nail Salon / Nail Salon
Property Details for 5411 San Juan Ave
- Year built
- 1963
- Construction
- WOOD
- Lot size
- 0.19 lot acres
- Property size
- 2,346 SF
- Zone code
- LC
- Property type
- Retail space
- APN
- 232-0193-008-0000
- APU
- 23201930080000
Description
This exceptional investment opportunity presents a fully stabilized, multi-tenant retail building located at 5411 San Juan Ave, Citrus Heights, CA 95610. The 2,346 square foot building, constructed in 1963, sits on a sizable 8,290 square foot lot and boasts a 5.37% cap rate with a current NOI of $42,902. The property features three suites, currently 100% occupied, with a mix of lease terms including a month-to-month tenant and a recently renewed lease. One suite is currently vacant, presenting an opportunity for immediate income generation. The building benefits from a highly visible street-front location, enhanced by prominent monument signage, and enjoys excellent proximity to major traffic arteries, including the intersection of Madison Ave and San Juan Blvd. Its strategic placement near established businesses such as Jimboy's Tacos, an AMPM, and an ARCO gas station ensures high foot traffic and visibility. This is a rare chance to acquire a well-positioned, income-producing retail property in a thriving Sacramento County market. The Net Lease (NNN) structure minimizes landlord responsibilities, making this an attractive investment for passive income seekers. The property's strong tenant base and prime location make it an ideal addition to any portfolio.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $500,000
- ML approach
- $495,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $510,000
- 6.5%
- $470,000
- 7%
- $435,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $537,000
Market price range: $208k - $542k -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $370,000 Current use
- MEDICAL BUILDING
- $610,000 Change: +65% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $605,000 Change: +63% Conversion: Difficult
- COMMERCIAL (GENERAL)
- $550,000 Change: +48% Conversion: Easy
- OFFICE BUILDING
- $410,000 Change: +10% Conversion: Easy
- WAREHOUSE, STORAGE
- $335,000 Change: -10% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Citrus Heights
- County
- Sacramento
- State
- California
- Longitude
- -121.293
- Latitude
- 38.6643
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA