9268-9272 Greenback Ln 5,880 sq ft 100% Let Retail Property Orangevale, CA 95662 £863,183 (£146.80/sq ft) 6.12% Net Initial Yield

9264 Greenback Lane is a fully leased, stabilized neighborhood strip center located in Orangevale, California. Offered at $1,165,000, the property consists of a single-story commercial building totaling approximately 5,880 square feet, situated on a ±0.48-acre parcel. The asset is currently occupied by three tenants, providing steady in-place income with no immediate rollover risk. One of the tenants, La Placita Restaurant, has been operating at this location for over 30 years and is widely regarded as one of the most popular local restaurants among area residents. Zoned SPA (Special Planning Area), the site allows for a variety of commercial uses. The property is prominently positioned along Greenback Lane, one of the area’s highest-traffic corridors, with daily traffic counts exceeding 40,000 vehicles. This high visibility, coupled with convenient ingress and egress, supports consistent customer access and strong tenant exposure. The surrounding area features a mix of dense residential neighborhoods and a wide range of commercial activity, including national retailers such as Walmart, Target, Walgreens, and Starbucks, as well as local businesses, restaurants, automotive services, and neighborhood-serving retail. This diverse tenant mix in the immediate trade area enhances the property’s foot traffic and reinforces its long-term viability for service-oriented and retail uses. With its efficient layout, stable occupancy, and strategic location, 9264 Greenback Lane offers investors a turnkey asset with reliable cash flow and long-term potential.
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