3316 Martin Luther King Junior Boulevard, Sacramento, CA 95817

3316 Martin Luther King Jr Blvd, Sacramento, CA 95817 3316 Martin Luther King Junior Boulevard, Sacramento, CA 95817

Availability: for sale

Property Type: Shopping Center / Retail
Shopping Center - Strip Center

Building Size: 4,284 SF

Land Size: 14932 SF

Price: $1,350,000

Price per SF: $315.13

Cap Rate: 7.35%

Zoning: C1

PROPERTY FLYER

Haroon Muzaffar haroon.muzaffar@remax.net (916) 204-0394

Overview Details Documents Map

Property Description

Excellent Investment Opportunity in Sacramento! This retail shopping center offers a strong gross rental income of $108,600 annually,
with current property taxes at $6,004 and insurance at $3,347.00. The offering includes three parcels and four separate addresses: 3308-3310
MLK Jr Blvd (APN: 013-0354-012-0000) 3312-3316 MLK Jr Blvd (APN: 013-0354-013-0000) 3324 MLK Jr Blvd (APN: 013-0354-014-0000)
Totaling approximately 0.3428 acres, the 4,283 SF retail center sits on a high-visibility corridor with 92 feet of frontage along Martin Luther King
Jr. Blvd. The sale also includes the vacant lot at 3324, with ready-to-build plans approved for a 2,850 SF commercial building, adding
tremendous future value. Ideal for investors seeking both immediate cash flow and development upside in a growing Sacramento corridor.

Full Address: 3316 Martin Luther King Junior Boulevard, Sacramento, CA 95817

Listing Type: FOR SALE

Status: Active

Occupancy Rate: 100%

Zoning: C1

Region: W-WP

County: Sacramento County

Property ID: 4108096

Amenities

Has Sewer: Yes

Has Water: Yes

Has Electric: Yes

Has Waste: Yes

Has Broadband: Yes

Has Gas: Yes

Has Sprinkler: Yes

Building Sf: 4,284

Parcel Num: 013-0354-013-0000

Number Units: 4

Number Buildings: 1

Cap Rate: 7.35%

Tenancy Type: Multi-Tenant

Mixes

Average Monthly Rent - Storefront: 2100

Average Monthly Rent - Storefront: 2200

Average Monthly Rent - Storefront: 2650

Cash Flow Type: Actual

Cf Effective Gross: $108,600

Cf Year: $2,025

Scheduled Income: $108,600

Tenants

1: Clothing Store Occupied: 1071 SF Lease Expiration: Expired

2: Tapers Barber Occupied: 1071 SF Lease Expiration: Expired

3: Gift Shop Occupied: 1071 SF Lease Expiration: 2/1/2027

4: Cell Pro Inc. Occupied: 1071 SF Lease Expiration: Expired

M.L.K plans

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