Commercial Real Estate Properties For Sale or Lease
Looking for the perfect commercial real estate property for your new business, looking to expand into a larger space or multiple locations, or searching for the right investment property?
The CRC team has commercial property for sale and lease throughout California including Sacramento and surrounding communities. And, if you're looking outside of California, we have you covered with our national reach and client representation across the United States.
Check out our listings and if you don’t see what you're looking for reach out to anyone on our team. We are often aware of off-market opportunities through our vast network, so put us to work and see how our experienced commercial real estate brokers will make it happen.
Sale Price: $18.4M
Property Type: Retail Shopping Center
Size: 115,396 SF
Yosemite Properties has completed sale of Whitmore Plaza, a shopping center located at 2517-2617 Mitchell Road and 2908-2920 E. Whitmore Ave. in Ceres. Save Mart Portfolio Owner NLP CA LLC acquired the asset from Yosemite Properties for $18.4 million. Save Mart grocery store and Planet Fitness anchor the 115,396-square-foot property. Greg Aguirre of Sacramento-based Capital Rivers Commercial and Jeff Lefko of Corona Del Mar, Calif.-based Hanley Investment Group Real Estate Advisors represented the seller in the deal. Capital Rivers Commercial, in conjunction with Hanley Investment Group represented the Seller of this 115,396 square foot Save Mart grocery store anchored shopping center located in the Central Valley town of Ceres, California. Our team was able to achieve a record price because we evaluated and underwrote the property as a possible “break-up” strategy since the property was comprised of multiple separate legal parcels. For the active investor / developer that is looking to create value they could restructure the underlying controlling documents such as the CC&R’s or REA and sell or refinance each individual component of the shopping center to extract additional value. This commercial retail center is for now for lease with Capital Rivers representing ownership.
Sale Price: $4.1M
Property Type: Retail Building
Size: 15,600 SF
Mill Valley-based Terra Outdoor Living, which sells items such as outdoor dining tables and lounge chairs, bought the building at 4467 Granite Drive. The building was previously occupied by The Plumbery, a bathroom and kitchen retailer. A grand opening is planned for late June or July. The building at 4467 Granite Drive is 15,600 square feet, said Ryan Orn, director of sales and leasing for Sacramento-based real estate brokerage Capital Rivers Commercial. Orn, along with Joe Blanton and Greg Aguirre of Capital Rivers Commercial, represented the the buyer and seller in the Rocklin building sale. Haney Bros. was the seller, according to Orn. Local entrepreneur Mark Haney is affiliated with that entity. Haney is also the founder and CEO of Haney Business Ventures at 4465 Granite Drive in Rocklin, which offers services for entrepreneurs and startups. In an email, Haney said he planned to lease the building at 4467 Granite Drive, "but had the opportunity to bring a great entrepreneurial company to the region that included selling one building." The building is part of Allegiant Giving Center, which Haney owns. The center has two buildings, plus a pad for future development, Haney said. "HaneyBiz will continue to operate coworking, accelerator and venture capital businesses within the center that I still own," Haney said. Terra has no other locations in the Sacramento region. Its website lists 12 sites, including the upcoming Rocklin showroom and a warehouse in Stockton that's not open to the public. "At Terra, our goal is to help you create beautiful, comfortable outdoor spaces in which to gather, relax, connect and live well every day. We believe outdoor furniture should be just as thoughtfully designed and well-made as indoor furnishings," Critchley said in an email
Sale Price: $2.2M
Property Type: Retail Building
Size: 7453 SF
Capital Rivers Commercial completes the development of a new O’Reilly Auto Parts store in Taft, CA and subsequently sells it to a Bay Area investor for $2.2M. The Seller was represented by both Capital Rivers Commercial (Greg Aguirre) and Hanley Investments (Jeff Lefko) and the Buyer was represented by Capital Rivers Commercial (Ben Prater). This is one of many projects Capital Rivers has done in the City of Taft which includes the prior development of a Dollar General and they are currently under construction on a Grocery Outlet that will open in June 2021. This makes Capital Rivers the most active developer in the area. We have many properties in this new developing area. O’Reilly’s continues to be an attractive investment for investors due to their long term leases, periodic rent increases, and investment grade rating. The automotive sector remains in demand with investors both during and post COVID since they have proven to be successful in good and bad economic times. Given the high demand for quality investments and lack of supply O’Reilly net lease investments remain in high demand and are a great option for investors looking for a price point in the sub $2M to $3M price range. The auto parts industry continues to thrive as the age of vehicles on the road continues to increase and we don’t see this changing anytime soon. In fact we are doing a lot of work with Caliber Collision as well and they fall into the same category. This is one of multiple recent development projects by Capital Rivers Commercial and there are more to be announced in the very near future.