Listed by Hanley Investment Group
$5,800,000
Pad to Arden Plaza | Sacramento, CA
Details
Property Type Retail
Sub Type Storefront, Shopping Center
Square Footage 12,826
Net Rentable (SqFt) 12,826
Cap Rate 7.00%
NOI $405,629
Occupancy 100%
Tenancy Multi
Lease Type NNN
Year Built 1987
Acreage 0.690
Ground Lease No
High-Traffic Hard-Corner Signalized Intersection (60,000 CPD) | $110,000 AHHI in a 5-Mile Radius
Marketing description
CLICK HERE FOR FULL OFFERING MEMORANDUM: https://bit.ly/PadtoArdenPlaza
Investment highlights
- Three-Tenant Pad Anchored by Investment-Grade and National Credit Tenancy:
- 12,826-square-foot, three-tenant pad 100% leased to Verizon, Vitamin Shoppe, and Buddhist Tzu Chi Foundation
- Recent extensions and scheduled rental increases providing stability and a hedge against inflation
- Verizon – One of the largest telecommunications providers in the United States with over 7,000 locations and 2025 revenue of $138 billion; #30 on 2025 “Fortune 500 List”
- Corporate-guaranteed lease; the only corporate flagship store in the city of Sacramento; flagship locations are strategically protected within Verizon’s national portfolio
- Tenant since 2015; 2025 lease extension
- Vitamin Shoppe – Leading specialty retailer of vitamins, supplements, and wellness products with approximately 650 locations nationwide
- Corporate-guaranteed lease
- Tenant since 2011; recent extension in 2025
- Buddhist Tzu Chi Foundation – International non-profit humanitarian organization with 60 years of continuous operating history and over 600 branch offices globally
- Relocated to the subject property from 1-mile away after operating in the trade area for more than 11 years
- Verizon Cell Tower – Synergistic with the Verizon location at the subject property
- In effect since 2016
- Recent extension in 2026
- High-Traffic Hard-Corner Signalized Intersection; 60,000 Cars Per Day: The property is located at the signalized intersection of Arden Way and Challenge Way; one of the main entrances to Arden Fair Mall
- Strategically Positioned Pad to Arden Fair Mall, a 1.1 Million-Square-Foot Super-Regional Shopping Destination with 7.1 Million Visitors Annually:
- Outstanding Regional Retail Location – National tenants in the immediate area include JCPenney, Macy’s, Apple, Restoration Hardware, Best Buy, Hobby Lobby, Five Below, Petco, Chick-fil-A, In-N-Out and Raising Cane’s
- Ample Parking with Dedicated Employee Underground Lot
- Easily Accessible to I-80: Situated minutes from I-80 (175,000 cars per day), providing regional connectivity and drawing consumers from the greater Sacramento MSA
- Affluent and High-Growth Demographics: There are over 400,000 people with an average household income of $110,000 within a 5-mile radius
Listing Contacts
Listed by Hanley Investment Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$405,629.00
$33,802.42/mo
Valuation Metrics
0
DSCR
6.99%
Cap Rate
6.99%
ROI
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