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? We have commercial properties for sale in Sacramento and and throughout California.
The CRC team has commercial properties 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.
Our services include tenant representation, landlord representation and development.
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: $6M
Property Type: Mixed-Use Building
A project that could be seen as a bellwether for redevelopment near California State University Sacramento has a new owner. Escrow closed at $6 million on three-story 6601 Folsom Blvd., a 6-year-old project of 10 apartments above ground-floor retail space.
When 6601 Folsom Blvd. was built, the area around Folsom and 65th Street, southeast of Sac State, was just starting to gain attention as a possible "campus village" redevelopment area of housing, hotels, retail and restaurants. The property, 100% occupied, is now a stone's throw from much bigger student housing and retail projects, a new hotel under construction and sites with other projects being planned.
Capital Rivers began marketing the property during the Covid-19 pandemic, when many classes shifted online and few students were on campus. Beach Hut Deli, the only retail tenant at the time, rode the wave and stayed alive. Since pandemic restrictions began to lift, a Korean fried chicken chain, Von's Chicken, has opened in the other retail space.
Sale Price: $1.3M
Property Type: Mixed-Use
Sacramento-based Capital Rivers Commercial has purchased a mixed-use property in Midtown that is home to a Sandwich Spot restaurant and residential units. Greg Aguirre, CEO of the commercial real estate brokerage, investment and development firm, said the deal to purchase the property at 1630 18th St. in Sacramento closed in December and the firm paid $1.3 million in cash. The property — which includes the Sandwich Spot, a residential unit above the business, and an adjacent residential unit — was previously owned by a private family but was sold after a family member died. The proximity to the firm's headquarters was one of the reasons they decided to purchase the property, and because it is a spot that its employees frequent. We are just looking to reinvest in our own community, especially since we are a commercial real estate company and our office is in Midtown about a block away. This is just a further extension of our company and our commitment to Sacramento. The location will be added to Capital Rivers' long-term portfolio. The goal is to help increase the business's sales and make it more vibrant, he said. As part of the deal, the owner of the Sandwich Spot has agreed to name a sandwich after Capital Rivers, so we are looking forward to that as well. The property's new ownership group has reached out to the city to inquire about creating an outdoor fenced patio area to increase seating for the business and is awaiting a response. The residential unit above the business is currently leased, though the firm plans on leasing out the adjacent residential unit. Capital Rivers is based at 1821 Q St. The firm ranked No. 9 on the Sacramento Business Journal's list of local commercial real estate brokerages, with 13 licensed staff members at its local office as of November.
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 retail 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: $2.4M
Property Type: Industrial Land
Size: One-Acre Parcel
JC Maroun from the Capital Rivers brokerage team completed this sale of a one-acre parcel located on Western Avenue in Union City, CA. The property provides a great development opportunity in an industrial park that is zoned for light industrial use. Close proximity to Highway I-880 gives the new owner a number of options.
Sale Price: $459K
Property Type: Medical/Dental
Size: 1,350 SF
The team at Capital Rivers has completed the sale of a medical/dental facility in Sacramento, California. This 1350 square foot dental suite that is a part of an oral surgery practice was sold as a NN investment. It is a part of a 6 suite dental co-op practice that is currently open for business. It was an anonymous 1031 exchange buyer in the state of California. Ian Keane and CEO, Greg Aguirre facilitated this sale just after two months of being on the market.
Sale Price: $5.7M
Property Type: Single-Tenant Childcare Franchise
Ben Prater, Director of Investment Sales at Capital Rivers represented a California buyer chasing higher yields outside of the state in a $5.7M purchase of this Kiddie Academy Franchise in Westfield, Indiana. A repeat client used a 1031 exchange for a seamless transaction with Hanley Investment Group. The deal was awarded thru an aggressive bid submission.
Sale Price: $2.2M
Property Type: Retail Building
Size: 7,453 SF
Capital Rivers Commercial completes the development of a new retail building, 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.
Property Type: Industrial
Size: 100,800 SF
Ryan Orn from the Capital Rivers brokerage team completed this Industrial Lease at the end of 2021. This was named the largest industrial lease for the final quarter in the western market according to Costar. This industrial property is located in Roseville, California and the tenant was looking for a large storage and testing facility for their product. This was a great end to the year for our brokerage team and for the client to have completed this goal of finding their new space.
Sale Price: $18.4M
Property Type: Retail Shopping Center
Size: 115,396 SF
Yosemite Properties has completed sale of a retail property, 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.