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Rite Aid 5610 Stockton Blvd

16,461 SF Retail Building Sacramento, CA 95824 $2,500,000 ($152/SF)

Investment Highlights

  • Former Rite-Aide
  • Covered drive through lane, and loading dock.
  • Roof was replaced just over 5 years ago.
  • Has cooler, pharmacy room w/equipment.
  • Includes private security office.
  • Located on a primary east-west corridor through south Sacramento.

Executive Summary

Price reduced for a quick end of year closing.
The subject is vacant and approximately 16,461 square-foot drugstore building constructed in 2001 and previously leased to Rite Aid, with a covered drive through lane, cooler, ice cream freezer, employee break room, loading dock, private security office, pharmacy with Parata pill counter machine, 2 restrooms and electrical room. Roof was replaced just over 5 years. Subject property is situated at the southwest corner of Stockton Boulevard and Fruitridge Road in the city of Sacramento. The immediate area includes significant commercial development, particularly along Stockton Boulevard. Residential uses are concentrated along secondary streets in all directions. Fruitridge Road is a primary east-west corridor through south Sacramento, connecting the area with Highway 99 to the west. Downtown Sacramento is located approximately four miles northwest of the subject. The neighborhood as well as its infrastructure is suburban. The streets are improved with concrete curbs and gutters, streets are paved with asphalt, and all utilities and city services are available to the neighborhood.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,461 SF
Building Class
C
Year Built
2001
Price
$2,500,000
Price Per SF
$152
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.21
Land Acres
1.76 AC
Opportunity Zone
Yes
Zoning
C2, Sacramento
Parking
65 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
300 FT on Fruitridge Rd

Amenities

  • Bus Line
  • Signalized Intersection
  • Drive Thru

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 16,461 SF
  • Retail
  • -
  • Now

Rent is Negotiable. The subject is approximately 16,461 square-foot drugstore building constructed in 2001 and previously leased to Rite Aid, with a covered drive through lane, cooler, ice cream freezer, employee break room, loading dock, private security office, pharmacy with Parata pill counter machine, 2 restrooms and electrical room. Roof was replaced just over 5 years. Subject property is situated at the southwest corner of Stockton Boulevard and Fruitridge Road in the city of Sacramento. The immediate area includes significant commercial development, particularly along Stockton Boulevard. Residential uses are concentrated along secondary streets in all directions. Fruitridge Road is a primary east-west corridor through south Sacramento, connecting the area with Highway 99 to the west. Downtown Sacramento is located approximately four miles northwest of the subject. The neighborhood as well as its infrastructure is suburban. The streets are improved with concrete curbs and gutters, streets are paved with asphalt, and all utilities and city services are available to the neighborhood.

Space Size Space Use Position Available
1st Floor 16,461 SF Retail - Now

1st Floor

Size
16,461 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 16,461 SF
Space Use Retail
Position -
Available Now

Rent is Negotiable. The subject is approximately 16,461 square-foot drugstore building constructed in 2001 and previously leased to Rite Aid, with a covered drive through lane, cooler, ice cream freezer, employee break room, loading dock, private security office, pharmacy with Parata pill counter machine, 2 restrooms and electrical room. Roof was replaced just over 5 years. Subject property is situated at the southwest corner of Stockton Boulevard and Fruitridge Road in the city of Sacramento. The immediate area includes significant commercial development, particularly along Stockton Boulevard. Residential uses are concentrated along secondary streets in all directions. Fruitridge Road is a primary east-west corridor through south Sacramento, connecting the area with Highway 99 to the west. Downtown Sacramento is located approximately four miles northwest of the subject. The neighborhood as well as its infrastructure is suburban. The streets are improved with concrete curbs and gutters, streets are paved with asphalt, and all utilities and city services are available to the neighborhood.

Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
26,649
173,286
423,272
615,435
2029 Population
26,833
174,784
426,841
620,344
2024-2029 Projected Population Growth
0.7%
0.9%
0.8%
0.8%
Median Age
35.8
35.1
36.7
37.1
College Degree + Higher
15%
24%
30%
21%
Daytime Employees
9,372
69,698
262,249
357,829
Total Businesses
574
10,421
29,174
42,289
Average Household Income
$72,482
$79,931
$91,970
$95,525
Median Household Income
$57,127
$59,579
$68,569
$72,299
Total Consumer Spending
$248.8M
$1.8B
$5B
$7.4B
2024 Households
8,622
59,143
158,805
225,695
Average Home Value
$398,217
$447,081
$513,477
$519,312

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
026-0072-022
Land Assessment
$860,000
Improvements Assessment
$4,940,000
Total Assessment
$5,800,000
  • Listing ID: 32694778

  • Date on Market: 8/5/2024

  • Last Updated:

  • Address: 5610 Stockton Blvd, Sacramento, CA 95824

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