4900 Madison Ave
NNN Leased Investment
4900 Madison Ave, Sacramento, CA 95841
North Highlands, Foothill Farms, Carmichael
Use
Retail /
Restaurant /
Lot Size
.50 acres
Lease or Sale
Sale,
Building Size
±5,568 SF
Sale Price
$1,200,000
Contact Josh Chiechi for more info and flyer – joshchiechi@turtoncre.com
- 5,568 SF neighborhood strip center situated on approximately 0.50 acres at the prominent intersection of Madison Avenue and College Oaks Drive
- Corner retail center with monument signage located on Madison Ave next to the I-80 inter-change featuring 22 parking spaces
- Perfect for an investor; features diversified in-place income and a history of stable occupancy
- The property is currently occupied by four tenants across two buildings
- High traffic counts of ~223,000 cars per day from I-80 interchange and Madison Avenue
- In-place rents are below current market levels, providing an opportunity to increase NOI through rent adjustments as existing leases expire
- Located in North Highlands and is close proximity to Carmichael and Foothill Farms