Former Walgreens | ±14,409 SF | Signalized Hard Corner
$3,750,000 ($260.25 PSF) | ±1.17-acre lot | 53 spaces | Built 2006
Marketing description
7155 24th St presents a ±14,409 SF freestanding, single-tenant retail building (former Walgreens) on a ±1.17-acre lot (±50,965 SF) in Sacramento, offered for sale at $3,750,000 ($260.25 PSF) or for lease at $1.25 PSF NNN ($0.50 PSF NNN costs). The vacant 2006-built building sits on the signalized corner of Florin Road and 24th Street with two-sided frontage, digital monument signage on the hard corner, drive-thru infrastructure, dock access, and 53 surface parking spaces (3.66/1,000 SF). C-2-EA-4 zoning supports retail, restaurant, medical, fitness, grocery, and office uses. The trade area holds 22,554 residents within one mile and a $93,779 average household income within three miles, with 24th Street carrying 19,537 ADT and Florin Road 28,870 ADT, plus access to I-5, HWY-99, HWY-50, and I-80.
Investment highlights
- ±14,409 SF freestanding single-tenant retail building (former Walgreens), offered at $3,750,000 ($260.25 PSF); also available for lease at $1.25 PSF NNN ($0.50 PSF NNN costs)
- Vacant and available for owner-user occupancy or repositioning
- Signalized hard corner at Florin Road & 24th Street with two-sided frontage
- Full signage control with digital monument signage on the hard corner; no shared walls
- Constructed 2006 with drive-thru infrastructure and dock access in place
- 53 surface parking spaces (3.66/1,000 SF) on a ±1.17-acre lot (±50,965 SF)
- C-2-EA-4 zoning supports retail, restaurant, medical, fitness, grocery, and office uses
- Traffic counts: 24th Street ±19,537 ADT; Florin Road ±28,870 ADT
- Trade area: 22,554 residents within 1 mile; 166,691 within 3 miles; 359,649 within 5 miles
- Average household income: $83,412 (1 mile), $93,779 (3 miles), $105,467 (5 miles); $418K average home values
- Regional access to I-5, HWY-99, HWY-50, and I-80
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