7121 Governors CIR Active Save Request In-Person Tour Request Virtual Tour
Sacramento,CA 95823
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 225043568
HOA Y/N No
Originating Board MLS Metrolist
Year Built 1965
Lot Size 0.710 Acres
Acres 0.71
Property Sub-Type Retail
Property Description
Turnkey NN investment opportunity located on Sacramento's high-visibility Florin Rd corridor. Sacto by Night is a 4,848 SF freestanding restaurant/bar on a 0.73 AC lot with ample parking, outdoor seating, and strong street exposure. The property is fully leased through June 2028 to an established restaurant operator under a double net (NN) lease landlord pays taxes and insurance only. Tenant covers utilities, operations, and maintenance. Current base rent of $6,500/month increases to $8,000/month in June 2026, delivering a projected CAP rate of 5.7% based on pro forma income. Zoned LC, the site offers long-term income stability with minimal landlord responsibility, making it ideal for passive investors or 1031 exchange buyers. Located near major traffic arteries, dense residential, and established commercial neighbors.
Location
State CA
County Sacramento
Area 10823
Direction Hwy 99 exit Florin Road West. Right on East Pkwy. Right on Governors Cir. Property on Right.
Location Details Public Transportation Nearby,Freeway Nearby,Restaurant Nearby,Shopping Nearby
Interior
Heating Central
Cooling Central
Flooring Tile
Exterior
Parking Features Uncovered
Utilities Available Telephone,Master Gas Meter,Master Water Meter,Natural Gas Connected
Water Access Desc Meter on Site,Public
Roof Type Flat
Road Frontage Freeway Exposure
Building
Foundation Concrete
Sewer Public Sewer
Water Meter on Site,Public
Others
Senior Community No
Tax ID 042-0143-006-0000
Special Listing Condition None