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CW Net Plaza 901-907 Howe Ave

15,500 SF 100% Leased Retail Building Sacramento, CA 95825 $9,638,456 CAD ($622 CAD/SF) 6% Cap Rate

Investment Highlights

  • Located adjacent to Howe ave providing high visibility
  • Property has a number of established tenants

Executive Summary

High profile 15,500 square foot retail building in the Howe Arden Corridor one of the main arterials connecting hwy 50 to the south and I-80 to North in Sacramento California. This building is comprised of National Tenants such as Panera Bread, Blick Art, a high-end Medical Back Retail Store, and Darna which make up the synergistic tenant mix. This property is 100% leased NNN asset is a recognizable retail landmark in the Howe/Arden corridor. With its shared parking field, the property benefits from multiple ingress/egress access points on Howe Avenue and Northrop Avenue.

Property Facts

Sale Type
Investment
Property Type
Retail
Building Size
15,500 SF
Building Class
B
Year Built
1965
Price
$9,638,456 CAD
Price Per SF
$622 CAD
Cap Rate
6%
NOI
$578,307 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.39
Land Acres
0.92 AC
Zoning
LC, Sacramento Cnty - Retail Zoning
Parking
55 Spaces (3.55 Spaces per 1,000 SF Leased)
Frontage
157 ft on Northrop Ave

Amenities

  • Pylon Sign
  • Signage
  • Signalized Intersection
Walk Score ®
Very Walkable (77)
Bike Score ®
Very Bikeable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
Crunch
Sourdough & Co.
Dutch Bros
Buca Di Beppo
Denny's
Outback Steakhouse
Twin Peaks
Jenny Craig
Raley's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
285-0242-006
Land Assessment
$1,898,903 CAD
Improvements Assessment
$2,400,504 CAD
Total Assessment
$4,299,406 CAD
  • Listing ID: 32630382

  • Date on Market: 2024-07-30

  • Last Updated:

  • Address: 901-907 Howe Ave, Sacramento, CA 95825

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