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10415-10419 Folsom Blvd 14 328 pi² 83% Loué Commerce de détail Immeuble Rancho Cordova, CA 95670 2 661 313 $ CAD (185,74 $ CAD/pi²)



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Value-Add Opportunity (82.6% Occupied with MTM Tenancy)
- Under Market Rents (Upside Through Repositioning & Lease-Up)
- Below Replacement Cost ($134.35 PSF)
- Flexible CMU (FBSP) Zoning
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to present for sale a 14,328-square-foot retail center located along the highly trafficked Folsom Boulevard in Rancho Cordova, California.
Situated on 1.28 acres, the property offers investors a compelling value-add opportunity with all tenants currently on month-to-month leases and paying below-market
rents.
Currently 82.6 percent occupied, the center provides immediate upside through lease renegotiation or repositioning. The seller occupies one unit and will vacate upon
closing, offering additional flexibility for new ownership. The property benefits from strong visibility and consistent traffic, with over 15,700 vehicles passing daily along
Folsom Boulevard—a key commercial corridor in Rancho Cordova.
The tenant mix includes long-standing occupants such as Stoney Folks Jewelry, which has operated at the center since 1982, and Mountain Mike’s Pizza, in place since
2015. Way of Life Church occupies five of the nine suites and has maintained tenancy for approximately ten years, also on a month-to-month basis. This flexible rent roll
allows investors to implement strategic leasing initiatives to drive NOI growth and reposition the asset for long-term success. Additionally, the building’s roof was
replaced approximately seven years ago with an energy-efficient TPO system that carries a 20-year manufacturer’s warranty, reducing future capital expenditure risk.
Constructed in 1973, the property is offered at just $134.35 per square foot—well below replacement cost—providing an attractive basis in a high-demand submarket of
the Sacramento MSA. The center’s layout and zoning support a variety of retail and service uses, enhancing its long-term adaptability.
Rancho Cordova is a dynamic and growing community within Sacramento County, known for its strong employment base, expanding residential population, and
business-friendly environment. The area continues to attract both national and local retailers, supported by favorable demographics and infrastructure investment.
This offering presents investors a rare opportunity to acquire a well-located retail asset with flexible lease structure, recent capital improvements, and significant upside
potential through proactive management and leasing in one of Sacramento’s most active commercial corridors.
Situated on 1.28 acres, the property offers investors a compelling value-add opportunity with all tenants currently on month-to-month leases and paying below-market
rents.
Currently 82.6 percent occupied, the center provides immediate upside through lease renegotiation or repositioning. The seller occupies one unit and will vacate upon
closing, offering additional flexibility for new ownership. The property benefits from strong visibility and consistent traffic, with over 15,700 vehicles passing daily along
Folsom Boulevard—a key commercial corridor in Rancho Cordova.
The tenant mix includes long-standing occupants such as Stoney Folks Jewelry, which has operated at the center since 1982, and Mountain Mike’s Pizza, in place since
2015. Way of Life Church occupies five of the nine suites and has maintained tenancy for approximately ten years, also on a month-to-month basis. This flexible rent roll
allows investors to implement strategic leasing initiatives to drive NOI growth and reposition the asset for long-term success. Additionally, the building’s roof was
replaced approximately seven years ago with an energy-efficient TPO system that carries a 20-year manufacturer’s warranty, reducing future capital expenditure risk.
Constructed in 1973, the property is offered at just $134.35 per square foot—well below replacement cost—providing an attractive basis in a high-demand submarket of
the Sacramento MSA. The center’s layout and zoning support a variety of retail and service uses, enhancing its long-term adaptability.
Rancho Cordova is a dynamic and growing community within Sacramento County, known for its strong employment base, expanding residential population, and
business-friendly environment. The area continues to attract both national and local retailers, supported by favorable demographics and infrastructure investment.
This offering presents investors a rare opportunity to acquire a well-located retail asset with flexible lease structure, recent capital improvements, and significant upside
potential through proactive management and leasing in one of Sacramento’s most active commercial corridors.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement
Type de propriété
Commerce de détail
Taille du bâtiment
14 328 pi²
Classe d’immeuble
B
Année de construction
1973
Prix
2 661 313 $ CAD
Prix par pi²
185,74 $ CAD
Pourcentage loué
83%
Location
Multiples
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,26
Taille du lot
1,28 AC
Zonage
CMU (FBSP)
Stationnement
42 places (2,93 places par 1 000 pi² loué)
Façade
240’ sur Folsom Blvd
COMMODITÉS
- Restaurant
- Affichage sur monument
Walk Score®
Très pratique à pied (76)
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Impôts fonciers
| Numéro de lot | 057-0212-009 | Évaluation des bâtiments | 1 612 617 $ CAD |
| Évaluation du terrain | 905 143 $ CAD | Évaluation totale | 2 517 760 $ CAD |
Impôts fonciers
Numéro de lot
057-0212-009
Évaluation du terrain
905 143 $ CAD
Évaluation des bâtiments
1 612 617 $ CAD
Évaluation totale
2 517 760 $ CAD
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10415-10419 Folsom Blvd
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