4760 Florin Rd | Sacramento, CA 95823
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- LoopNet Team
4760 Florin Rd
Sacramento, CA 95823
Florin Square Shopping Center (partial) · Retail Property For Sale
Investment Highlights
- Attractive yields: 6.5% going-in cap rate; 9.2% projected cash-on-cash
- No short-term rollover, with a WALT of 78.1 months
- Prime location on Florin Road, one of South Sacramento’s busiest commercial corridors
- 100%-leased to five internet-resistant tenants
- Every lease secured by a personal Guaranty of Lease
- La Soga Taqueria and Red Star Grocers have occupied for 20 and 30 years, respectively
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
23,175 SF
Building Class
C
Year Built
1956
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.30
Lot Size
1.75 AC
Zoning
LC - Light Commercial
Parking
159 Spaces (6.86 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Tenant Controlled HVAC
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 050-0650-003 | Improvements Assessment | $3,060,000 |
| Land Assessment | $1,224,000 | Total Assessment | $4,284,000 |
PROPERTY TAXES
Parcel Number
050-0650-003
Land Assessment
$1,224,000
Improvements Assessment
$3,060,000
Total Assessment
$4,284,000
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