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6421 Martin Luther King Jr Blvd Presented By: Applied Commercial 6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
6421 Martin Luther King Jr Blvd Presented By:Applied Commercial
6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
Price: $1,775,000
Heavy Day time traffic
Close to Freeway
NExt to major gas station
View the full listing here: https://www.loopnet.com/Listing/6421-Martin-Luther-King-Jr-Blvd-Sacramento-CA/20280885/
Price: $1,775,000
Property Type: Retail
Property Subtype: Freestanding
Building Class: B
Sale Type: Investment or Owner User
Cap Rate: 8.18%
Lot Size: 0.50 AC
Gross Leasable Area: 7,500 SF
Sale Conditions: [object Object]
No. Stories: 1
Year Built: 2005
Tenancy: Multiple
Parking Ratio: 3.2/1,000 SF
Zoning Description: TC
APN / Parcel ID: 039-0031-007
Property Details
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
Major Tenant Information
Tenant SF Occupied Lease ExpiredFresh LinesBarbershop
1,250 December 2024
House of Que 1,250 November 2024
Kings Market 1,250 October 2022
MetroPCS 1,250 February 2022
Taylor's Coin Laundry 1,250 December 2024
To be filled 1,250
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
Location
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
IMG_0340 Primary Photo
Property Photos
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
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Property Photos
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
IMG_0338 IMG_0342
Property Photos
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
IMG_0343 Plat Map
Property Photos
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
Building Photo
Property Photos
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
Team Singh is proud to present, High Cap Rate investment property, this won't Last, Commercial Retailcenter with 83 percent leased, only 1 unit is vacant, Close to freeway. at this price currently it is at 8.18percent Cap rate. 3 of the leases are at 5 percent increment every year. total sq ft of the building is7500 and each unit is at 1250 sq ft. With the 6 unit being rented out the property can operate at 9percent cap rate.
Ujjal [email protected](916) 995-9754
Applied Commercial3461 Fair Oaks Blvd, Suite 125Sacramento, CA 95864
6421 Martin Luther King Jr Blvd6421 Martin Luther King Jr Blvd, Sacramento, CA 95823
