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    6421 Martin Luther King Jr Boulevard

    Sacramento, CA 95823
    • $1,775,000
    • STATUS: Active
    • ON SITE: 111 days
    • MLS #: 20039388
    $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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    © 2020 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 2020-10-28T22:38:19.267. MetroList® MLS Terms of Use. IDX provided by BoomTown.
    www.findmyhomeroseville.com/homes/107652010
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    6421 Martin Luther King Jr Boulevard Sacramento, CA 95823

    • Price: $1,775,000
    • Status: Active
    • 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 FrameMetal Door Roll Up Exterior FrameMetal Location Hospital NearbyPublic Trans NearbyRestaurant Nearby Miscellaneous Features Indv Thrmostat Cntrl Parking Open Roof Metal Stories 1 Story

    Interior Features

    Air Central Floor Concrete Slab Heat Central Loading Other-Attch Sq Ft Space1 1250 Sq Ft Space2 1250 Sq Ft Space3 1250 Sq Ft Space4 1250

    Property Features

    Amenities 1 Restroom Per UnitOther-Rmks Building Use Retail CCRs Yes Commercial Type Commercial/Retail Disability Features Parking Income Other-Rmks Lease Terms Copy Of Agrmnt AvailLease GrossOther-Rmks Other Expenses Maint Landscape Price Per Sq Ft Space1 0.00 Price Per Sq Ft Space2 0.00 Price Per Sq Ft Space3 0.00 Price Per Sq Ft Space4 0.00 Special Listing Condition None Tenant Pays ElectricGarbageSewerWater Transaction Type Sale Year Lease Space1 0 Year Lease Space2 0 Year Lease Space3 0 Year Lease Space4 0 Zoning Tc

    Listing provided courtesy of Homesmart ICARE Realty. Listing information © 2020 MetroList Services, Inc.


    © 2020 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 2020-10-28T22:38:19.267. MetroList® MLS Terms of Use. IDX provided by BoomTown.
     
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