Food 4 Less - Anchored Retail Center 96,921 SF | 92.4% Occupied
$16,532,000
4551 Mack Road, Sacramento, CA 95823
For Sale
Retail
Strip Center
Active
Last Updated: 07/21/2026
6.75
Cap Rate
1,115,940
NOI
Details:
Cap Rate: 6.75%
NOI: $1,115,940
Building Size: 96,921 sqft
Lot Area: 11.396 acres
Occupancy: 92.4%
Year Built: 1980
Zoning: C2
Parking Spots: 696
Highlights:
- Grocery-Anchored Stability: Anchored by an established, high-performing Food 4 Less (operated by employee-owned PAQ, Inc.), providing necessity-based, recession-resistant traffic and income.
- Recent Capital Improvements: The Main Shops Building (excluding Food 4 Less) has a new roof with a 10-year warranty. The Food 4 Less roof was also recently replaced and the entire shopping center parking lot recently received a slurry seal.
- High Performing Location: The Valley Shopping Center is a top performing shopping center ranking in the top 25% for site visits among neighborhood centers in the country. Food 4 Less also ranks in the top 36% nationwide and boasts an estimated $36.6 Million/year in sales. (Source: Placer.ai).
- Excellent Intrinsic Value: Priced at $170.58/SF on improvements, the property is well below replacement cost.
- Stabilized Occupancy with Embedded Growth: 92.4% occupied with scheduled annual rent increases across the existing rent roll, supporting predictable income growth.
- New Construction Pad Buildings: New pad buildings with national tenants Dutch Bros (NAP), Quick Quack (NAP), Buffalo Wild Wings (NAP) improves customer traffic and overall synergy within the center.
- Mark-to-Market Rent Upside: In-place rents are approximately 21% below market, offering meaningful organic NOI growth as leases roll to current market rates.
- Dense, Supply-Constrained Trade Area: 176,651 residents within a three-mile radius, with high barriers to entry limiting future competitive retail development.
- Prime Mack Road Corridor Location: Positioned along one of South Sacramento’s primary retail corridors with approximately 57,170 cars per day at the intersection, ensuring strong visibility and accessibility.
- Exceptional Shadow Anchoring: Immediate proximity to Quick Quack Car Wash, Dutch Bros Coffee, Taco Bell, McDonald’s, and Buffalo Wild Wings drives significant cross-shopping and consistent customer traffic.
- Debt-Free Offering: Valley Shopping Center will be delivered free and clear of existing financing, maximizing buyer flexibility for initial capital investment and maximizing cash flow.
- Diverse, Complementary Tenant Mix: A mix of national, regional, and local service-oriented tenants (Mountain Mike’s Pizza, H&R Block, 7 Day Tires, and others) serves daytime and evening customer demand.
- Scarcity Value: One of few grocery-anchored, infill investment opportunities currently available in the Sacramento MSA, the Valley Shopping Center offers investors a rare, quality retail investment in a supply constrained market.
Documents:
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Offering Memorandum
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Location
Gallery