6400 Fair Oaks Blvd - Restaurant FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$1,500,000 USD
303-949-0366
6400 Fair Oaks Blvd, Carmichael, CA for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/34
null | 6.46% Cap Rate

6400 Fair Oaks Blvd
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


OVERVIEW

Introducing a prime commercial investment opportunity in Carmichael, CA. This 4,570 SF building, boasting a long-term restaurant tenant, presents an enticing prospect for retail investors. Renovated in 1985, this property offers a solid and reliable income stream. The value-add opportunity, along with 5% scheduled annual rent increases, enhances the property's appeal. Situated in a prime outparcel location, this property is set to deliver consistent returns for savvy investors seeking a solid addition to their portfolio.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$328 USD /SF

CAP RATE

6.46%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Carmichael Oaks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

SPA

APN/PARCEL ID

273-0131-032

ASK ABOUT THIS PROPERTY

Nicholas ThomasBellStreetMore Info
303-949-0366

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Nicholas ThomasBellStreetMore Info
303-949-0366

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