Capital Rivers is proud to announce that 8376 Rovana Circle in Sacramento, CA has been sold for an impressive $1.85M — an amount above the asking price! This ±9,300 SF industrial property boasts two buildings with an office/reception area and a ±1.35 acre fenced and gated yard. It's the perfect place for commercial warehousing and exterior storage and parking, making it ideal for construction businesses or any other industry looking to expand their operations. Congratulations to Ryan Orn, Vice President of Brokerage on this successful transaction.

Zack Hayes and Juan Garcia from the Capital Rivers brokerage team recently leased this second-generation restaurant at Elverta Crossing in Antelope, CA. Elverta Crossing Shopping Center is anchored by Tractor Supply & Co and Life Storage and has a great mix of quick-service restaurants such as Huckleberry’s Breakfast and Lunch, Taco Bell, and KFC. The ±2,400 SF space comes with a fully-equipped kitchen including a 12-foot Type I hood, a 24-inch grill and two deep fryers. This location is perfect for Cajun and Sushi House, the new tenant, to make their mark.

Ryan Orn at Capital Rivers recently completed the sale of a commercial building at 2204 Kausen Drive in Elk Grove, CA. The property is located within Laguna West Business Center and sits on an ±0.82 acre parcel which has freeway visibility. The ±10,844 SF two-tenant industrial building has an attractive, professional image with immediate access to I-5. The sale price was $2.55M.

Chris Bucklin and Joe Blanton of Capital Rivers Commercial recently completed the sale of two parcels located at 2520 Cohasset Road in Chico CA. The ±3.13 acre property has a ±15,081 square foot building and is part of a three-parcel assemblage with a ±1.94 acre parcel and ±27,773 square foot building still available for lease, sale, or ground lease. Enterprise Rental Car purchased the property for $3.2M.

Victor-Manuel Saldana, Director of Sales and Leasing at Capital Rivers Commercial recently completed the sale of 470 7th Street in Williams, CA. The property is located within minutes of Interstate 5 and has a number of nearby amenities including Starbucks, Burger King and McDonald’s. The ±13,000 SF retail building was purchased by the City of Williams at full-asking. The sale price was $400,000.

Ian Keane, Director of Sales and Leasing at Capital Rivers has completed the sale of a Medical Office Building in Fair Oaks, California. The property is strategically located on a corner parcel in the Carmichael / Fair Oaks trade area of Sacramento, California fronting the heavily traveled San Juan Avenue with ±21,424 average traffic counts. The ±3,851 square foot building is conveniently located adjacent to the Raley’s grocery anchored Northridge Plaza shopping center and prominent North Ridge Country Club.

Ryan Orn, VP of Brokerage at Capital Rivers completed the sale of 6661 Folsom Boulevard in Sacramento, CA. This Student Housing Development Opportunity sits on ±1.42 acres and is located in the fast growing 65th and Folsom Corridor. The subject property is in close proximity to F65, the very successful mixed-use project which includes residential units over a mix of restaurants and retailers including Starbucks, Jamba Juice, Dos Coyotes and Bento Box. The sale price was $4.5M.

Ryan Orn, VP of Brokerage at Capital Rivers completed this sale of ±3.76 acre parcel of land located at the SEQ of Leisure Town Road and Orange Road in Vacaville, CA. With quick access to I-80 and over 2,569 new units planned in the area along with nearby employers Kaiser Hospital, Solano College & Genentech, the buyer is looking to build apartments on the site. The sale price was $2.3m.

Capital Rivers represented the seller for the recently closed 1340 Howe Avenue in Sacramento, CA. The ±8,279 square foot restaurant on a ±1.35 acre lot sold for $2.65M at a 4.3% cap rate. Outback Steakhouse has occupied the building for over 20 years and our broker negotiated a long-term lease extension prior to sale to maximize the value for the seller. He also assisted the seller with portfolio management, exiting the net lease space and diverting funds for development.

6550 Belleau Wood Lane is a ±9,826 SF industrial flex space consisting of an ±8,000 SF clear span commercial warehouse and an ±1,826 SF office/retail showroom. Included is a ±.5 acre fenced and gated yard with plenty of room for outdoor storage and secure parking. Ryan Orn from the Capital Rivers brokerage team completed this Commercial Real Estate Industrial Lease. This industrial property is located in Sacramento, California and the tenant, a construction team, leased it to store their equipment.

Capital Rivers development team completed the sale of a new Grocery Outlet in Gridley, CA. Purchased by San Francisco Bay Area investors, the grocery store is an anchor for the ±9.23 acre Heritage Oaks Shopping Center conveniently located directly on State Route 99 between Yuba City and Chico, California. The center has a tenant mix of local and national tenants including Safeway, Dollar Tree, AnytimeFitness and Huckleberry’s restaurant and is located a few minutes away from historical downtown Gridley.

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. Capital Rivers began marketing the property during the Covid-19 pandemic, when many classes shifted online and few students were on campus.

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.

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. 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. 

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. 

Mill Valley-based Terra Outdoor Living 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.

Capital Rivers brokerage team completed this sale of a one-acre parcel located on Western Avenue in Union City, CA for the sale price of $2.4M. 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.

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.

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.