Overview

Description

As the exclusive agent, Gallelli Real Estate is pleased to present the listing for the sale of the fee simple interest in 6060 Sunrise Vista Drive; a 94,884 square foot office building located in Citrus Heights, California along the north eastern edge of the Sunrise Mall.

Highlights

• Well established dense infill location. According to the City of Citrus Heights, within the city limits is approximately 98% built out, creating strong barriers to entry within the market.
• Adjacent to the largest concentration of retail in central Sacramento County, offering tenants an abundance of amenities including retail, restaurants, quick serve restaurants, salons, grocery stores and more. The property’s location offers unrivaled access to conveniences and the variety of services available to its tenants.
• Centralized location. Sunrise Vista offers quick access to all points of the compass. 4 miles East is the affluent community of Folsom, 4 miles west is Interstate-80, 4 miles to the north is another affluent community of Roseville, 4 miles to the south and southwest are affluent parts of Carmichael and Fair Oaks
• Priced well below replacement cost at $78.27 per rentable square foot. At this purchase price an investor could upgrade portions of the building while still being able to offer lease rates substantially below those of competing properties.
• Value Add upside through lease up of available space
• Diversified rent roll with limited turnover exposure

Documents

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