6228 Walnut Ave - Auto Repair FOR SALE


Orangevale, CA 95662- Outer Folsom/Orangevale/Fair Oaks
$795,000 USD
510-822-1331
6228 Walnut Ave, Orangevale, CA for Sale
$795,000 USD
Auto Repair - FOR SALE
1/20
null | 7.54% Cap Rate

NEW



HIGHLIGHTS

  • Vacant Auto Care and Body Shop Investment
  • Zoned to Allow a Auto Care & Body Shop with Spray
  • Attractive Orangevale Location Near Many Shopping Options, Restaurants, And More
  • Well Maintained Building with No Deferred Maintenance with Room for Three Lifts
  • Possible NNN Lease Opportunity With 10 Years On Current Term With 3.0% Annual Rent Increases
  • Past Home of Sacramento Smog Test & Repair who had a Big Local Following

OVERVIEW

Vacant auto care and body shop investment with strong local following. Seller financing is available for well qualified buyers. The property was built in 1958 and offers approximately 2,180 square feet of rental space and sits on a 8,670 square foot lot with ample room for car storage in a gated parking lot and customer parking. The property is in good condition with no deferred maintenance and has a nice waiting room and ample space for repair work. Currently, there is one lift that will be sold with the property but there is space for a total of three lifts. There are two roll-up doors: one roll-up door in the front and one roll-up door on the side in the gated parking lot. There are multiple prospective tenants that are requesting a NNN lease with a 5-year term (or more) with 3.0% annual rent increases. All deferred maintenance has been addressed resulting in a stress-free, turn-key, property with zero management responsibilities. This was the old business location for Sacramento Smog Test and Repair. They had a great local following, but the old owner retired the business. This is an Orangevale location near Folsom, CA just off Greenback Lane with excellent street traffic. There are many restaurants and shopping options nearby surrounded by a stable community with many loyal nearby residents. ***EMAIL DAVID@PINZAGROUP.COM FOR A COMPLETE MARKETING PACKAGE AND PRIVATE SHOWING.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$365 USD /SF

CAP RATE

7.54%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Orangevale Auto Repair, Body Shop Investment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

undefined, Auto Dealership, Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1958

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

GC

APN/PARCEL ID

223-0110-046

ASK ABOUT THIS PROPERTY

David HowarthPinza GroupMore Info
510-822-1331

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David HowarthPinza GroupMore Info
510-822-1331

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.