Investment Overview

The offering is a 3,600-square foot vacant medical office building located in an established location in the city of Citrus Heights, California. More specifically, the property is located at the signalized corner of Antelope Road and Zenith Drive within the grocery anchored shopping center known as SummerHills Plaza. SummerHills Plaza is a regional shopping center home to Raleys, Wells Fargo, Dollar Tree, Round Table, Dutch Brothers (Grand Opening November 2020), Wendys, OReilly auto parts, USPS and other national retailers. This property is adjacent to the Antelope exit of Interstate 80. Approximately 20 minutes west of Sacramento, and 12 minutes east of Roseville California.

The property is in great condition and ready for a wide array of office/medical office possibilities. Formerly a physical therapy practice, the building has three offices and plenty of floor space. The property is zoned commercial office and is the only vacant pad within the Summerhills Plaza. The property would be ideal for any owner/user or an investor looking to acquire a property with upside potential.

Offered at $504,000 0r $140 per square foot, an investor or owner/user can take advantage of a turnkey asset, priced well bellow replacement cost. Furthermore, an investor can purchase this property and lease it up for investment purposes or can purchase the entire office/retail property for $3,044,080 or $192 per square foot.