Retail Investment Opportunity 7155 24th St 14,490 SF Retail Building Sacramento, CA 95822 $5,441,280 CAD ($375.52 CAD/SF) 6% Cap Rate

7155 24th St is a prime retail investment opportunity located in the thriving city of Sacramento, California. Situated on a large parcel of land totaling 1.17 acres, the subject property was originally constructed in 2006 and features a gross building size of 14,409 square feet. The premises is currently shadow leased by Walgreens and will be vacant by the beginning of January 2026. The subject property is currently zoned C-2 EA-4 which designates the parcel as a general commercial zone in the Sacramento Executive Airport area.
7155 24th St is located on the corner of Florin Rd and 24th St and benefits from high street visibility. According to TrafficMetrix, an average of 19,537 vehicles pass by the
subject property on a daily basis. Sacramento is the capital of California and known for its diverse economy featuring industries like food tech, life sciences, semiconductors, advanced manufacturing and healthcare. Additionally, Sacramento is the main city connecting the Reno-Tahoe area to the Bay, making it a natural hub for transportation, warehouse and logistics markets. The investment appeal of this asset is driven by Sacramento's strong employment fundamentals and low vacancy levels. With a world class location in the heart of Sacramento, 7155 24th St presents an attractive choice potential renters due to its proximity to major employers, transportation corridors, shopping, dining and entertainment options.