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    6421 Martin Luther King Jr Boulevard

    Sacramento, CA 95823
    • $1,775,000
    • STATUS: Pending
    • ON SITE: 230 days
    • MLS #: 20039388
    Pending
    $1,775,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Commercial
    Built:
    2006
    County:

    School Ratings & Info

    Description

    This won't Last, Commercial Retail center with 83 percent leased only 1 unit is vacant, Close to freeway. at this price currently it is at 8.18 percent Cap rate. 3 of the leases are at 5 percent increment every year. total sq ft of the building is 7500 and each unit is at 1250 sq ft. With the 6 unit being rented out the property can operate at 9 percent cap rate.

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    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-02-24T23:38:55.27. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.themacdonaldgroup.com/homes/107652010
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    6421 Martin Luther King Jr Boulevard Sacramento, CA 95823

    • Price: $1,775,000
    • Status: Pending
    • MLS #: 20039388
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2006
    Built
    Neighborhood:
    Sacto Franklin/Freeport/Vicinity
    County:
    Sacramento
    Area:
    Sacto Franklin/Freeport/Vicinity
    Property Description
    This won't Last, Commercial Retail center with 83 percent leased only 1 unit is vacant, Close to freeway. at this price currently it is at 8.18 percent Cap rate. 3 of the leases are at 5 percent increment every year. total sq ft of the building is 7500 and each unit is at 1250 sq ft. With the 6 unit being rented out the property can operate at 9 percent cap rate.
    Exterior Features

    Construction Materials FrameMetal Dock Doors 0 Loading OtherRoll Up Door Num Of Floors 0 Parking Features Open Roof Metal Total Parking Spaces 0

    Interior Features

    Cooling Central Flooring Concrete Slab Heating Central Num Of Elevators 0 Num Of Restrooms 0 Office Sq Ft 0 Retail Sq Ft 7500 Warehouse Sq Ft 0

    Property Features

    Accessibility Features Parking Building Features 1 Restroom Per UnitIndividual Thermostat ControlSee Remarks Business Type Commercial/Retail Expiration Date Auxiliary 2021-07-09 Income Includes See Remarks Lease Deposit 0 Location Hospital NearbyPublic Transportation NearbyRestaurant Nearby Num Of Offices 0 Num Of Tenants 5 Owner Pays Grounds Care Property Subtype Retail Property Type Commercial Sale Special Listing Conditions None Tenant Pays ElectricitySewerTrash CollectionWater Year Renovated 0 Zoning Tc

    Listing provided courtesy of Homesmart ICARE Realty. Listing information © 2021 MetroList Services, Inc.


    © 2021 MetroList® MLS. All rights reserved. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data last updated 2021-02-24T23:38:55.27. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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    The MacDonald Group at PMZ Real Estate
    1200 E. Orangeburg Ave Suite #202
    Modesto CA, 95350