4010 MANZANITA AVE, CARMICHAEL, CA 95608-1724 For Sale

Catalyst Commercial Partners is pleased to present the exclusive opportunity to acquire 4010 Manzanita Ave, a freestanding 16,888 SF former Rite Aid situated on 2.568 acres within Carmichael Place — a Safeway-anchored neighborhood shopping center at the signalized intersection of Manzanita Ave and Fair Oaks Blvd in Carmichael, California. Offered at $2,200,000 ($130/SF), this vacant retail box presents an exceptional value-add repositioning opportunity in one of Sacramento County's most established suburban retail corridors, benefiting from ±63,300 combined vehicles per day across two signalized intersections, an existing pharmacy drive-through window, 427 shared parking spaces, and a national credit grocery anchor operating immediately adjacent. The property is zoned GC (General Commercial) under Sacramento County and is subject to CC&Rs with Safeway governing allowable uses. With a dense consumer base of approximately 78,000 Carmichael residents, a median household income of $86,563, and strong demand from medical, urgent care, discount retail, and specialty grocery operators actively seeking this building format, 4010 Manzanita Ave represents a rare chance to acquire a well-located, freestanding retail asset at a compelling basis well below replacement cost.