Description

Westlake Village Shopping Center is a 100% occupied retail property at 3501 Del Paso Road in Sacramento’s Natomas submarket. Its 17,160 SF of gross leasable area gives investors a fully leased strip center with an established tenant roster.

Built in 2007, the Property sits on 2.2 acres and provides 103 parking spaces, a ratio of 6.01 per 1,000 SF. Nine tenants occupy the center, including Chase, Subway, Qamaria Yemeni Coffee Co. and neighborhood service businesses. That mix brings banking, food and personal-service uses together at one address. More than 50% of the gross leasable area is occupied by tenants present since 2007 or 2008, while 92% is occupied by tenants that have extended or signed new leases since 2025.

The center occupies the signalized corner of Del Paso Road and El Centro Road, where the traffic count is 18,000 AADT. Walgreens, which is not part of the sale, anchors the broader Westlake Shopping Center. Interstate 5 is within approximately 1/2 a mile, connecting the property with Interstate 80, Downtown Sacramento and Sacramento International Airport, approximately 5.8 miles away. For a retail investor, the corner position, parking and surrounding retail uses give the tenant roster a clear operating setting.

The asking price is $7,635,000, or $445 PSF. NOI is $492,308, with a stabilized cap rate of 6.45%; in-place rents are $516,282. The investment case centers on current occupancy and the leasing history across the tenant mix, rather than a vacant-space program. Review the Offering Memorandum for a closer look at Westlake Village Shopping Center.