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34299034
34272939

3645 Northgate Boulevard, Sacramento, CA 95834

LS
CA CA 01443387
Fisher James Capital
PD
CA 01750064
Fisher James Capital
Listed by Fisher James Capital
$4,682,000
5 days on market
Updated 4 days ago

Natomas Gardens Shops

Details
Property Type Retail
Sub Type Shopping Center
Square Footage 13,542
Net Rentable (SqFt) 13,542
Units 7
Cap Rate 6.5%
NOI $304,312
Occupancy 100%
Tenancy Multi
Brand/Tenant Western Dental
Rent Bumps Yes
Broker Co-Op True
Year Built 2003
Buildings 1
Stories 1
Acreage 1.800
Investment Type Net Lease
Ground Lease No

Fully Leased Retail Shops in Northern CA | Within Grocery-Anchored Center | Future Upside Potential

Marketing description

A fully leased retail shops opportunity anchored by Western Dental within Natomas Gardens Shopping Center, a Foods Co.-anchored center in Sacramento, California. The property features a complementary tenant mix including a pharmacy, bakery, health spa, nail salon, and other service-oriented users, providing investors with stable in-place income and future upside through shorter lease terms and below-market rents.

The center benefits from strong daily traffic generated by Foods Co., which ranks #2 in the chain with 1.2 million annual visits, per Placer.ai, along with neighboring retailers including Dollar Tree, ARCO/ampm, Smart & Final Extra!, Ross, Starbucks, Taco Bell, Circle K, O’Reilly, Quick Quack Car Wash, IHOP, and the new North80 development featuring McDonald’s, KFC, Panda Express, and more. The property offers excellent access and visibility along Northgate Boulevard and San Juan Road, just one-half mile from Interstate 80. Located approximately 4 miles north of Downtown Sacramento, the property is surrounded by dense residential neighborhoods, schools, employers, and strong surrounding demographics.

Investment highlights

  • Fully Leased Shops Anchored by Western Dental with Complementary Tenant Mix
  • Value-Add Opportunity with Shorter Lease Terms and Below Market Rent
  • Within Foods Co.-Anchored Natomas Gardens Shopping Center
  • Foods Co. is Ranked #2 in the Chain with 1.2M Annual Visits (per Placer.ai)
  • Excellent Access & Visibility Along Northgate Boulevard (26,803 ADT) at San Juan Road (17,094 ADT)
  • Just a Half Mile from I-80 (143,900 ADT), which Connects Sacramento to the Bay Area and Reno/Tahoe
  • 342,374 Residents within a 5-Mile Radius with an Average Household Income of $110,530
  • ~4 Miles North of Downtown Sacramento - MSA Population of 2.4M+

Listing Contacts

LS
CA CA 01443387
Fisher James Capital
PD
CA 01750064
Fisher James Capital
Listed by Fisher James Capital

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$304,312.00
$25,359.33/mo

Valuation Metrics

0
DSCR
6.5%
Cap Rate
6.5%
ROI

Map

Zoning

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SC-PUD-NG PlannedShopping Center Zone Planned Unit Development Natomas Gardens
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Last updated Jun 22, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Lindsey Snider
License
CA 01443387
Brokerage
Fisher James Capital
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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