| 4301-4347 Hazel Avenue, Fair Oaks, CA 95628 | |||||
| Type: | Retail | Price: | $7,250,000 |  |
|
| Size: ± | 24,000 sq ft | Max Contig: | 24,000 sq ft | ||
Multi-Tenant Retail Investment Offering
This retail investment is unique to the Sacramento area offering a diverse mix of historically long tenants, who generate a high volume of retail sales, most of which were original tenants of this property. With the net operating income yielding a 7.8 percent return for such a stable property, for you or your client’s, this property is ideal for a 1031 exchange, or direct buy.
Hazel Ridge Plaza is located directly on one of Sacramento County’s busiest arteries supplying the cities of Sacramento, Rancho Cordova, Folsom, and Eldorado Hills from the Roseville, Granite Bay, Citrus Heights, Orangevale and Fair Oaks areas with an abundance of daily consumers. With Hazel Avenue’s expansion of two additional lanes, the current traffic counts which currently reach 55,000 per day will easily exceed that number with six versus four.
NOI: $567,685
Cap Rate: 7.8
Zoning: Retail
Price /SF: 302.00
APN: 246-0200-087
Parcel Size: Three Acres
# of Units: 12
Leased (%): 100
Year Built:
Construction Type: Wood Frame
Stories: 1
Typical Floor Size:
Agent: Steamer Pease
Elevators:
Load Factor:
Roll-ups:
Truck Doors:
Cross Docks:
Sprinklers:
Rail:
Conditioned Warehouse:
Clear Ceiling Height:
Yard:
Property Photos
Site Location
Property Categories: $5,000,000 and over, 20,000-30,000 sqft, Fair Oaks, Featured Properties, Front Page Features, Retail, Sacramento, Steamer Pease
