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1409 R St
Sacramento, CA 95811
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Fully leased NNN urban retail asset located in Sacramento’s most established and consistently performing food and beverage corridor
- Proven tenant stability with long-standing, locally established restaurant operators and minimal historical turnover
- Favorable operating cost structure with estimated NNN expenses of ~ $1.01/SF/month, materially below comparable urban retail assets
- Strong R Street fundamentals supported by surrounding residential density, nightlife, and sustained demand for experiential retail
- Substantial capital improvements completed, including seismic retrofit and modernized building systems, reducing future ownership risk
- Location directly adjacent to Ace of Spades, a major live-music venue driving consistent evening and weekend activity along R Street
EXECUTIVE SUMMARY
1409 R Street represents a rare opportunity to acquire a fully leased NNN retail investment in the heart of Downtown Sacramento’s most celebrated entertainment district. Positioned along the thriving R Street Corridor—widely regarded as the city’s most dynamic blend of culinary, culture, and creativity—this asset delivers both stability and long-term upside within one of the region’s most vibrant pedestrian environments.
The property is a three-tenant retail condominium occupied by some of Sacramento’s most acclaimed operators: Shady Lady Saloon, BAWK! by Urban Roots, and Burgers & Brew. Each brand is deeply rooted in the city’s food and beverage identity, consistently drawing destination traffic and loyal local followings. Their reputations as market-leading concepts provide the new owner with a secure and durable income stream.
This section of R Street has evolved into a magnet for experiential retail, entertainment, nightlife, and neighborhood-serving amenities, supported by high-density residential growth and creative-office conversions. The district continues to attract regional and national attention as one of Sacramento’s flagship placemaking success stories, benefitting from walkability, light-rail connectivity, and close proximity to Golden 1 Center, DOCO, and the balance of Sacramento’s urban core.
Strong leasing fundamentals and limited small-format retail inventory further elevate the scarcity value of this asset. Retail (and specifically restaurant) space along R Street is in high demand, with highly competitive tenant retention and minimal turnover from established operators. This positioning ensures continuity of tenant performance and ongoing landlord leverage in future negotiations.
Featuring six exclusive on-site parking stalls and efficient building systems within a modern construction envelope, the property requires minimal ongoing capital needs. Its corner positioning, prominent visibility, and synergy with the surrounding district create a stable and highly liquid investment profile—one that aligns with the growing institutional focus on urban-core retail tied to entertainment and experiential food and beverage concepts.
The property is a three-tenant retail condominium occupied by some of Sacramento’s most acclaimed operators: Shady Lady Saloon, BAWK! by Urban Roots, and Burgers & Brew. Each brand is deeply rooted in the city’s food and beverage identity, consistently drawing destination traffic and loyal local followings. Their reputations as market-leading concepts provide the new owner with a secure and durable income stream.
This section of R Street has evolved into a magnet for experiential retail, entertainment, nightlife, and neighborhood-serving amenities, supported by high-density residential growth and creative-office conversions. The district continues to attract regional and national attention as one of Sacramento’s flagship placemaking success stories, benefitting from walkability, light-rail connectivity, and close proximity to Golden 1 Center, DOCO, and the balance of Sacramento’s urban core.
Strong leasing fundamentals and limited small-format retail inventory further elevate the scarcity value of this asset. Retail (and specifically restaurant) space along R Street is in high demand, with highly competitive tenant retention and minimal turnover from established operators. This positioning ensures continuity of tenant performance and ongoing landlord leverage in future negotiations.
Featuring six exclusive on-site parking stalls and efficient building systems within a modern construction envelope, the property requires minimal ongoing capital needs. Its corner positioning, prominent visibility, and synergy with the surrounding district create a stable and highly liquid investment profile—one that aligns with the growing institutional focus on urban-core retail tied to entertainment and experiential food and beverage concepts.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
11,192 SF
Building Class
B
Year Built
2009
Price
$12,014,417 CAD
Price Per SF
$1,073.48 CAD
Cap Rate
6%
NOI
$720,400 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.64
Lot Size
0.40 AC
Zoning
RMX-SPD
Parking
3 Spaces (0.27 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Corner Lot
- Restaurant
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,757,479 CAD | |
| Land Assessment | $780,816 CAD | Total Assessment | $2,538,295 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$780,816 CAD
Improvements Assessment
$1,757,479 CAD
Total Assessment
$2,538,295 CAD
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