Just hit the market is a two tenant NNN Strip Center for sale in Sacramento with 10 year leases and great tenants.
6% cap rate, $2,662,408 price, Starbucks & Z Pizza leases for both tenants terminate in Aug 2023 and Dec 2024 plus options beyond that. At this price, you can achieve positive leverage if you add financing. Demographics are strong with $87,000+ average household income within 1 mile radius.
Investment Real Estate topics throughout California and sometimes further! Mario Pinedo has been a Realtor since 1991 in Silicon Valley and has sold throughout California and the West. His primary investment vehicle is multi-family rental properties. Mario focuses on major markets from San Diego, Orange County, Los Angeles, San Jose, San Francisco and northern California. He currently lives in Irvine, CA.
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