417 - 427 Broadway — Sale in Sacramento, CA

  • Price: $1.1M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Sacramento, CA 95818
  • Size: 4,876 SF

Photos

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Investment Figures

Price per square foot
$226

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Newmark, as the exclusive advisor, is pleased to present a “Pride of Ownership” modified leased investment located at 417-427 Broadway, situated in one of Sacramento’s most vibrant and electric commercial corridors. Priced at $1,100,000, this opportunity offers a 5.7% Cap Rate and features approximately 80 feet of prime Broadway frontage. The property is anchored by the iconic Jamie’s Broadway Grille, a local culinary staple providing a stable income stream with 4.5 years remaining on the current lease term. The investment is further strengthened by 3.5% annual rent increases and a five-year option to extend at fair market value, ensuring consistent hedge against inflation and long-term appreciation. The asset is perfectly positioned to capitalize on the massive transformation occurring along the Broadway corridor. With numerous mixed-use developments currently underway and the Broadway Complete Streets project nearing its 2026 completion, the area is evolving into a high-density, pedestrian-friendly hub. This property offers an investor the rare chance to acquire a stabilized, income-producing asset with significant “intrinsic value” land upside, located in a federal opportunity zone and just one mile from the central business district and surrounded by the synergy of Sacramento’s

Market Context

This retail in Sacramento, CA is listed for sale at $1,100,000 across 4,876 SF. Compare it against other retail listings for sale in Sacramento, CA — view the full market.

As of Q2 2026, the Sacramento retail market showed a 5.9% vacancy rate, and average asking rents near $18.36/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Sacramento retail market tightening or softening?
Vacancy is around 5.9% (Q2 2026).

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