Investment Overview
The Josh Ballesteros Team at NAI Northern California is pleased to announce for sale this value-add strip center with cell tower located in Citrus Heights, CA, part of the larger metro of Sacramento, CA. The offering consists of 2 buildings, totaling 11,000 SF in total on a 1.08 AC lot with a cell tower in the back. One unit is recently vacant which seller is willing to provide a rent guarantee for if a new lessee is not found prior to close of escrow.
Investment Highlights
- Successful tenant mix of Chinese Restaurant, smoke shop, dance studio, karaoke and salon.
- AT&T cellular tower providing additional income.
- Seller willing to provide rent guarantee for vacant unit for up to one year as needed.
- Directly off the I-80 freeway via Antelope Rd.
- Located in high traffic retail corridor surrounded by dense residential.
- Average household income of $98,016 within a 1 mile radius.
- Close proximity to Stone's Gambling Hall, McDonald's, DaVita Dialysis, Popeye's, Carl's Jr, Taco Bell, 7-Eleven, O'Reilly Auto Parts, Round Table Pizza, Wendy's, Raley's, Dollar Tree, Dutch Bros, Quick Quack Car Wash, Etc.