3330 Fruitridge RdSacramento, CA 95820

This Sacramento, CA shopping center presents a compelling investment opportunity. Located at 3330 Fruitridge Rd, 95820, this stabilized, multi-tenant property boasts 5,523 square feet on a 37,052 square foot lot. Currently, the center has two tenants occupying 85% of the space, generating a net operating income (NOI) of $104,460, representing a 4.18% capitalization rate. The property features one building constructed in 1965 and is situated a half block from the Highway 99 off-ramp, providing excellent visibility and accessibility. A pro-forma NOI of $124,400 projects a 4.98% cap rate. The asking price is $2,500,000, translating to $452.65 per square foot. The property is zoned GC and includes three units. The lease type is NNN. Approximately 1,900 square feet is currently vacant, offering potential for increased revenue. The property's strategic location makes it ideal for restaurants and service businesses, or even owner-user occupancy of the approximately 3,400 square foot restaurant space. The existing tenant could renew their lease, or the space could be occupied by a new tenant. Further details are available upon request.