- For Sale $7,250,000
- Property Type Retail
- Property Size 45,860 SF
- Lot Size 5.36 Acre
- Property Tenancy Multi-Tenant
- Building Class C
- Year Built 1960
- Date Updated Jul 31, 2026
Description
Available for sale is a portion of the South Hills Shopping Center, consisting of an inline retail center adjacent to an Asian grocery store which serves the community.
The subject property is situated in the heart of an infill and affluent residential neighborhood, and there is no grocery competition in the immediate area, making South Hills Shopping Center a go-to destination for nearby residents.
The property has average rents of $13.50/psf and has substantial upside and further repositioning opportunities.
Highlights
- An immediate upside through: (i) converting gross leases to NNN, (ii)executing long-term leases with below market MTM tenants, and (iii) creating value with the vacant pad
- Average rents in place are $13.50/psf (below market)
- For sale is a grocery shadow-anchored retail center in an established, infill Sacramento neighborhood
- Four of the tenants are on month-to-month tenancy, with an average in-place rent of $11.82/SF
- Located in South Land Park, a Sacramento neighborhood with mature housing, strong homeownership, and limited opportunities for new retail development
- Nine of the current tenants have operated at this center for over 10 years, showing a strong commitment to this retail node
- The subject property features a complimentary mix of daily needs retailers including the U.S. Post Office, local restaurant operators, a fitness user, hair and nail salons, and more
- The subject property is being offered for below replacement cost at $149.37/SF
- Within the past three years, the center has undergone common area improvements including fresh exterior paint, parking lot repairs and seal coating, and roof work over the U.S. Post Office
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Contacts
Chris Kostanecki
CP Partners
Location
Located at 5900 S Land Park Dr, Sacramento, CA 95822, this property is part of the South Land Park neighborhood and Sacramento market.
Contact Listing Broker
Chris Kostanecki
CP Partners