7530 Auburn BLVD, Citrus Heights, CA 95610
7530 Auburn BLVD, Citrus Heights, CA 95610
7530 Auburn BLVD, Citrus Heights, CA 95610
7530 Auburn BLVD, Citrus Heights, CA 95610
7530 Auburn BLVD, Citrus Heights, CA 95610
7530 Auburn BLVD, Citrus Heights, CA 95610
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Dave Silva

Dave Silva

+1(916) 622-2130
$ 1,388,888
Est. payment | /mo

0.53 Acres Lot

Save
$ 1,388,888
Est. payment | /mo
Save

0.53 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226120819

HOA Y/N No

Year Built 1979

Lot Size 0.530 Acres

Acres 0.53

Property Sub-Type Retail

Source MLS Metrolist

Property Description

WHAT IF YOUR NEXT COMMERCIAL INVESTMENT HAD MORE POTENTIAL THAN MEETS THE EYE? Welcome to 7530 Auburn Boulevard Aloha Plaza in Citrus Heights, where location, existing income, and future possibilities come together. This approximately 5,288 SF retail/office property sits on approximately 0.50 acre, strategically located just mile from Highway 80 with approximately 3.82 parking spaces per 1,000 SF. And here's where the opportunity gets interesting The property is currently occupied by three tenants, while the existing configuration offers the potential to create up to Four separate leasable spacesopening the door to multiple strategies for the right buyer. Investor? Explore the potential to increase and diversify rental income. Owner-user? Consider occupying space while generating income from other portions of the property. Value-add buyer? Take a closer look at the existing layout and explore what may be possible. Commercial broker? This is one your investor and owner-user clients will want to see. Built in 1980, Aloha Plaza combines established tenancy with a location positioned near Highway 80 and the Auburn Boulevard commercial corridor. THE NUMBERS ARE WORTH A LOOK. $74,274 net operating income with operating expenses of $26,807 the property offers a projected 5.37% cap rate at the $1,388,888 asking price. Mortgage and interest expenses are excluded from NOI in the cap-rate calculation. But the numbers are only part of the story. The real question is: What could you do with the space? Whether you're looking for an investment, an owner-user opportunity, or a property with the potential to create additional income streams, 7530 Auburn Boulevard deserves a closer look. Your Next Best Move starts with a conversation. Buyer to independently verify all information, measurements, permitted uses, tenant information, lease terms, development/reconfiguration potential, and financial projections.

Location

State CA

County Sacramento

Area 10610

Direction use navigation

Location Details Restaurant Nearby,Shopping Nearby,Strip Center

Interior

Heating Central

Cooling Central

Flooring Other

Exterior

Parking Features Public

Utilities Available Other

Water Access Desc Water District

Roof Type Flat

Topography Level

Road Frontage City Street

Building

Lot Description Corner

Story 1

Foundation Other

Sewer Public Sewer

Water Water District

Others

Senior Community No

Tax ID 204-0242-001

Special Listing Condition Other

MetroList® Services, Inc
Listed by eXp Realty of California Inc.

NEARBY SCHOOL & BUSINESS

Dave Silva

+1(916) 622-2130

dave@thesilvateam.com

7447 Antelope Rd Ste 102, Heights, California 95621, United States

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7530 Auburn BLVD