Value Add Strip Center with Cell Tower
Value Add Strip Center with Cell Tower
Marketing description
The Josh Ballesteros Team at NAI Northern California is pleased to announce for sale this value-add strip center with cell tower located in Citrus Heights, CA, part of the larger metro of Sacramento, CA. The offering consists of 2 buildings, totaling 11,000 SF in total on a 1.08 AC lot with a cell tower in the back. One unit is recently vacant which seller is willing to provide a rent guarantee for if a new lessee is not found prior to close of escrow.
Investment highlights
Successful tenant mix of Chinese Restaurant, smoke shop, dance studio, karaoke and salon.
AT&T cellular tower providing additional income.
Seller willing to provide rent guarantee for vacant unit for up to one year as needed.
Directly off the I-80 freeway via Antelope Rd.
Located in high traffic retail corridor surrounded by dense residential.
Average household income of $98,016 within a 1 mile radius.
Close proximity to Stone's Gambling Hall, McDonald's, DaVita Dialysis, Popeye's, Carl's Jr, Taco Bell, 7-Eleven, O'Reilly Auto Parts, Round Table Pizza, Wendy's, Raley's, Dollar Tree, Dutch Bros, Quick Quack Car Wash, Etc.
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