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Property profile & analytics
FOR SALE
Strip malls

6061 Florin Rd Sacramento, CA 95823

34,070 SF 4.7 ac lot Built 2008
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-3637082
Property summary
AI-generated overview

This exceptional investment opportunity presents a 34,070 square foot, Class B, two-story shopping center in Sacramento, CA, fully occupied by Chuze Fitness under a 15-year NNN lease with two 5-year options. Located at the signalized intersection of Florin Rd and Stockton Blvd, this high-traffic location boasts over 85,500 cars daily. The property sits on a 4.73-acre lot and is part of a dominant community center, shadow-anchored by a Walmart Supercenter, PetSmart, and AutoZone, ensuring strong regional draw. Built in 2008, the single-tenant building offers a stable, long-term investment with a 7.25% cap rate and a substantial NOI of $657,809. The asking price is $9,073,000, translating to $266.30 per square foot. This investment provides long-term stability with minimal leasing responsibilities, making it an attractive opportunity for discerning investors seeking a high-performing, net-leased asset in a prime Sacramento location. The tenant, Chuze Fitness, operates 58 locations across multiple states, demonstrating a strong and established brand presence. This property offers a compelling combination of strong tenant occupancy (100%), a desirable location, and a secure, long-term lease.

Property profile
Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2008
Construction WOOD
Total area 34,070 SF
Lot 4.7 ac (204,732 SF)
Zoning code SC
APN 042-0011-029-0000
UPID US09-3637082
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Chuze Fitness Gym & Fitness Center
  • 24 Hour Fitness Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.57M
Blend (final) Blend
$5.41M
Owner & transaction history
Starboard Florin LLC · 3 yrs held
Starboard Florin LLC
since 2022
1 recorded transaction
2022
Price N/A
Zoning & alternative use
SC · Sacramento, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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