Value Add Strip Center with Cell Tower

6424-6432 Tupelo Dr , 95621, CA Citrus Heights

Accepting Offers

Asking Price

$2,000,000

Value Add Strip Center with Cell Tower

6424-6432 Tupelo Dr , 95621, CA Citrus Heights

Details

Asset Type: Real Estate

Estate: Leasehold

Land Area: 1.08 Acres

Property Size: 11,000 SF

Property Type: Retail

Occupancy %: 100

Number of Units: 6

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.

Value Add Strip Center with Cell Tower

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.

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