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2374-2378 Florin Rd 17,200 SF 100% Leased Retail Building Sacramento, CA 95822 $4,078,375 CAD ($237.11 CAD/SF) 8.53% Cap Rate



INVESTMENT HIGHLIGHTS
- 2374-2378 Florin Road offers generous on-site parking to accommodate guests and staff members.
- The property is surrounded by a mix of residential neighborhoods and commercial establishments, providing a steady flow of potential customers.
- Conveniently located on Florin Road, a major thoroughfare in Sacramento, ensuring high visibility and easy access for customers.
- Close to major highways and public transportation, facilitating easy commutes for employees and patrons alike.
EXECUTIVE SUMMARY
Team Singh is pleased to present an exceptional commercial investment opportunity at 2374–2378 Florin Road, Sacramento, CA. This expansive 17,200-square-foot freestanding building, situated on a generous 2-acre parcel, offers outstanding visibility, access, and long-term income potential in one of South Sacramento’s busiest commercial corridors.
The building is currently divided into three separate units, two of which are occupied by well-established tenants: B&K Clothing and Anderson Pharmacy, both of whom have been in place for multiple years, providing stable, reliable rental income. The third unit, formerly home to the iconic Rice Bowl Restaurant, is currently vacant, offering an excellent opportunity for owner/user occupancy or new lease-up potential. The vacant unit spans approximately 9,200 square feet, making it ideal for a restaurant, banquet hall, retail showroom, or a variety of other commercial uses.
The property features ample on-site parking, multiple points of ingress and egress, and excellent frontage along high-traffic Florin Road. With flexible commercial zoning and a prime location near residential communities, major retailers, and transit corridors, this site offers significant potential for investors, business owners, or developers seeking a value-add opportunity or a well-located asset with upside.
Don't miss this chance to own a highly visible, income-producing property with room to grow. Contact Team Singh today to schedule a private tour and explore the full potential of 2374–2378 Florin Road.
The building is currently divided into three separate units, two of which are occupied by well-established tenants: B&K Clothing and Anderson Pharmacy, both of whom have been in place for multiple years, providing stable, reliable rental income. The third unit, formerly home to the iconic Rice Bowl Restaurant, is currently vacant, offering an excellent opportunity for owner/user occupancy or new lease-up potential. The vacant unit spans approximately 9,200 square feet, making it ideal for a restaurant, banquet hall, retail showroom, or a variety of other commercial uses.
The property features ample on-site parking, multiple points of ingress and egress, and excellent frontage along high-traffic Florin Road. With flexible commercial zoning and a prime location near residential communities, major retailers, and transit corridors, this site offers significant potential for investors, business owners, or developers seeking a value-add opportunity or a well-located asset with upside.
Don't miss this chance to own a highly visible, income-producing property with room to grow. Contact Team Singh today to schedule a private tour and explore the full potential of 2374–2378 Florin Road.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$423,111
|
$24.60
|
| Other Income |
$9,672
|
$0.56
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$432,783
|
$25.16
|
| Taxes |
$48,941
|
$2.85
|
| Operating Expenses |
$35,945
|
$2.09
|
| Total Expenses |
$84,886
|
$4.94
|
| Net Operating Income |
$347,898
|
$20.23
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $423,111 |
| Annual Per SF | $24.60 |
| Other Income (CAD) | |
|---|---|
| Annual | $9,672 |
| Annual Per SF | $0.56 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $432,783 |
| Annual Per SF | $25.16 |
| Taxes (CAD) | |
|---|---|
| Annual | $48,941 |
| Annual Per SF | $2.85 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $35,945 |
| Annual Per SF | $2.09 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $84,886 |
| Annual Per SF | $4.94 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $347,898 |
| Annual Per SF | $20.23 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
17,200 SF
Building Class
C
Year Built
1961
Price
$4,078,375 CAD
Price Per SF
$237.11 CAD
Cap Rate
8.53%
NOI
$347,898 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.20
Lot Size
2.00 AC
Zoning
MIXED
Parking
125 Spaces (7.27 Spaces per 1,000 SF Leased)
Frontage
77’ on Florin Rd
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Anderson Brothers Pharmacy
- Retailer
- -
- -
- -
- BK Clothing Co BK Clothing Co
- -
- -
- -
- -
- Rice Bowl Restaurant
- Retailer
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Anderson Brothers Pharmacy | Retailer | - | - | - | ||
| BK Clothing Co BK Clothing Co | - | - | - | - | ||
| Rice Bowl Restaurant | Retailer | - | - | - |
Bike Score®
Very Bikeable (79)
PROPERTY TAXES
| Parcel Number | 047-0012-014 | Total Assessment | $1,961,460 CAD |
| Land Assessment | $623,688 CAD | Annual Taxes | $48,941 CAD ($2.85 CAD/SF) |
| Improvements Assessment | $1,337,772 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
047-0012-014
Land Assessment
$623,688 CAD
Improvements Assessment
$1,337,772 CAD
Total Assessment
$1,961,460 CAD
Annual Taxes
$48,941 CAD ($2.85 CAD/SF)
Tax Year
2025
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2374-2378 Florin Rd
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