Retail Business for Sale in Sacramento, CA

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sacramento, CA 95816

Description

±501 SF High Identity Midtown Corner Location 2828 E Street is a rare ±501 sq. ft. space now available for lease. The property is located at the intersection of E Street with 29th Street near the Interstate 80/29th Street off-ramp in Sacramento, CA. The space is part of the former Pine Cove Bottle Shop, which operated at this site for many years. The site benefits from the strong daytime employment and dense residential population in the area, its proximity to American River Parkway, several recreational parks including the historic Sutter's Fort and California State Indian Museum, Sutter General Hospital, as well as the traffic exiting from Interstate 80 towards the State Capitol.

Market Context

This retail in Sacramento, CA is listed for sale. It has been on the market for 148 days. Compare it against other retail listings for sale in Sacramento, CA — <a href="/search/sale/retail/california/sacramento">view the full market</a>.

As of Q3 2023, the Sacramento retail market showed average asking rents near $17.68/SF/yr, and cap rates around 6.2%. Source: Consensus Q3 2023 market report.

Retail market FAQ

What is the typical cap rate for retail in Sacramento?
About 6.2% as of Q3 2023, per Consensus.

Unified Estimate

Medium Confidence

$4.56/SF – $5.37/SF

Mid: $5.37/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

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