6400 Elvas Avenue
Retail | 7.00% CAP | 5,200 SqFt
Marketing description
6400 Elvas Avenue represents one of the few remaining commercial opportunities in East Sacramento where existing improvements, zoning flexibility, and immediate proximity to Sacramento State create a clear adaptive retail conversion opportunity. Rather than being valued solely as an existing office building, the Property's pricing is supported by its ability to be repositioned into a two-tenant retail or food and beverage asset serving one of Sacramento's strongest daily consumer corridors.
The Property is located approximately 0.2 miles from the western edge of Sacramento State's campus and less than 200 feet from Hornet Crossing, the primary pedestrian entry point on the west side of the university.
The existing approximately 5,200 SF building offers an ideal footprint for repositioning into a two-tenant retail configuration, with underwriting supporting two approximately 2,600 SF suites capable of accommodating food and beverage, service retail, or neighborhood-serving commercial users.
Investment highlights
- Development Opportunity
- Corner retail conversion development opportunity
- Located approximately 0.2 miles from the western edge of Sacramento State's campus
- Less than 200 feet from Hornet Crossing, the primary pedestrian entry point on the west side of the university
- Existing approximately 5,200 SF building offers an ideal footprint for repositioning into a two-tenant retail configuration
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