6421 Martin Luther King Jr Boulevard
6421 Martin Luther King Jr Boulevard Sacramento, California 95823 United States

$1,650,000
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This won't Last, Commercial Retail center with 83 percent leased only 1 unit is vacant, Close to freeway. at this price currently it is at 8.18 percent Cap rate. 3 of the leases are at 5 percent increment every year. total sq ft of the building...
$1,650,000
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Commercial
Property type
2006
Year Built
20039388
Web Id
20039388
MLS ID
Sacramento City Unified
School District
19
days ago
This Property is Currently Contract Pending

About 6421 Martin Luther King Jr Boulevard

This won't Last, Commercial Retail center with 83 percent leased only 1 unit is vacant, Close to freeway. at this price currently it is at 8.18 percent Cap rate. 3 of the leases are at 5 percent increment every year. total sq ft of the building is 7500 and each unit is at 1250 sq ft. With the 6 unit being rented out the property can operate at 9 percent cap rate.

Listing Courtesy of HomeSmart ICARE Realty

features

lot description
Open
Additional Listing Type
In Contract

PROPERTY INFORMATION

Cooling
Central
Heating
Central
Parking Description
Open
Sewer
Public Sewer
Water
Public

EXTERIOR

Roofing
Metal
Listing Courtesy of HomeSmart ICARE Realty

METROLIST MLS

Listing Courtesy of HomeSmart ICARE Realty
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