Listed by CBRE - Sacramento
$719,250
2419 Arden Way
Details
APN 27802600540000
Property Type Retail
Sub Type Auto Shop, Freestanding
Square Footage 3,170
Net Rentable (SqFt) 3,170
Units 1
Cap Rate 6.82%
NOI $49,050
Occupancy 100%
Tenancy Single
Lease Expiration 07/31/2028
Remaining Term 2.1
Rent Bumps Yes
Lease Options 1 x 5-yr
Price per SqFt $227
Year Built 1969
Stories 1
Acreage 0.350
Zoning LC (Light Commercial)
Investment Type Stabilized
Ground Lease No
Bite Size, STNL Retail | 6.82% Cap Rate
Marketing description
CBRE, as exclusive advisor, is pleased to offer for sale WestCoast Car Audio located at 2419 Arden Way in Sacramento, CA. 2419 Arden Way is a ±3,170 square foot freestanding retail building and was constructed in 1969. 2419 Arden Way is 100% leased to WestCoast Car Audio. WestCoast Car Audio, under new ownership, has approximately two years remaining on the lease, with annual rental increases for the remainder of the term. Situated on a 0.35-acre parcel along the Arden Way commercial corridor (±29,822 ADT), the Property benefits from the strong daily traffic count.
Investment highlights
- STNL Investment with Annual Rental Increases
- High Traffic Corridor along Arden Way
- Synergy of Surrounding Retailers in the Arden-Arcade Area
Listing Contacts
Listed by CBRE - Sacramento
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$49,050.00
$4,087.50/mo
Valuation Metrics
0
DSCR
6.82%
Cap Rate
6.82%
ROI
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