By Mike Hazlip—
A 5.9-acre portion of a shopping center near the busy intersection of Sunrise Boulevard and Greenback Lane is for sale at $19.7 million, a price tag $5 million higher than when the property previously went on the market four years ago.
The listing for the property on commercial real estate site LoopNet includes a single-story 71,514-square-foot building at 6241 through 6253 Sunrise Blvd., along with 350 parking spaces. The property is completely leased with National Career Education and Montage Salon Studios occupying the space along with Chuck E. Cheese.
The offering is listed by Cushman and Wakefield, and an agent contacted by The Sentinel said there is “nothing to report” when asked about potential buyers for the property. There is no indication any of the existing tenants are leaving the site.
The center was last listed in August of 2018 for $14.5 million, according to a previous report by The Sentinel. It does not appear to have been sold since 2000, according to Sacramento County Assessor’s Office records.
The building was constructed in 1981, records show. Adjacent properties are home to Texas Roadhouse and Buffalo Wild Wings. The Quick Serve Restaurants (QSR) are a valuable asset to the offering, according to Cushman and Wakefield.
The center is also home to Pier 1 Imports and Red Lobster. Across the street, a former Rite Aid building has sat vacant since closing its doors in 2018. A new tenant has not been announced.
Nearby, the area is seeing some recent changes, with the new 260-home Mitchell Village housing community nearing completion and construction of a 2.9-mile trail that will pass through the nearby Arcade Creek Park Preserve expected to begin later this fall.
Related: $10.4 million in funding approved for new 2.9-mile trail in Citrus Heights
