840 El Camino Ave Sacramento, CA 95815-2513
This exceptional investment opportunity presents a fee-simple, single-tenant, 11,383 square foot retail property located at 840 El Camino Ave, Sacramento, CA 95815. The property, built in 2009 and renovated in 2024, is currently subleased to Dollar Tree, a subsidiary of Dollar General Corporation, under an absolute NNN lease with a remaining term of 9.9 years, expiring October 18, 2034. The property boasts a 7.00% cap rate and a strong NOI of $376,288, with a price per square foot of $472.24. Situated on a one-acre lot zoned C-2, the building benefits from high visibility on El Camino Ave and Del Paso Blvd, experiencing over 30,000 vehicles per day. The location is within a dense retail corridor, near major retailers such as Costco, Nordstrom Rack, Hobby Lobby, Kohl's, and the Arden Fair Mall. The property's ideal demographics include over 157,000 people and 60,000 households within a three-mile radius. This is a rare opportunity to acquire a long-term, low-maintenance, net-leased investment property with a strong tenant and significant upside potential. The property is a depreciable asset with no rent bumps scheduled. This is a truly exceptional investment opportunity in the California state capital.
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Vanessa Ramsay, PharmD Pharmacy
The purpose of the C-2 zone is to provide for the sale of goods, the performance of services, including repair facilities, office uses, dwellings, small wholesale stores or distributors and limited processing and packaging.
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
C-2 · Sacramento, CAThe purpose of the C-2 zone is to provide for the sale of goods, the performance of services, including repair facilities, office uses, dwellings, small wholesale stores or distributors and limited processing and packaging.
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.