7200 Fair Oaks Blvd - Office/Residential FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$2,800,000 USD
916-642-3914
7200 Fair Oaks Blvd, Carmichael, CA for Sale
$2,800,000 USD
Office/Residential - FOR SALE
1/15
null | Request Cap Rate

7200 Fair Oaks Blvd
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • New Pricing: Corner-Lot "Main and Main" Owner-User Opportunity | Carmichael, CA
  • Excellent Infill Location with Dense Population and Minimal Vacancy
  • Flexible Zoning Allows for Residential Conversion
  • Highly Visible Location with Great Full Window Exposure
  • Ample Covered and Gated Parking

OVERVIEW

CORNER-LOT "MAIN AND MAIN" OWNER-USER OPPORTUNITY * 17,792 SF low-rise building in an extremely visible location with flexible zoning allowing a myriad of different uses. Currently 100% occupied, but can be delivered vacant upon close of sale. * OWNER-USER ADVANTAGE | This is an ideal corporate headquarters investment that provides an attractive lease-savings tradeoff. As opposed to leasing space, purchasing this property can provide protection against future rental market uncertainty and interest rate hikes, offering occupancy control, tax benefits, and after-tax equity accumulation. For example, an owner-user who decides not to lease the building but rather to purchase it could save approximately $29,034 every month in the first year alone. (See own vs. lease analysis on Pg. 29 of OM) * BONUS DEPRECIATION ADVANTAGE | Given the new tax legislation passed July 2025, new ownership has the opportunity to accelerate the depreciation deduction in the first year of ownership, which would provide significant upfront tax savings and improve cash flow. CBRE’s Cost Segregation Analysis estimates that such Year 1 deduction could total as much as ±$606K with this purchase. * There is intrinsic value in the property that would unlock several options for utilization: --Multi-tenant layout (±8 suites) allows for easy future lease up to multiple small tenants. --Highly visible location, great full window exposure, covered and gated parking and quick access to I-80 freeway make this an ideal owner user property. --Flexible zoning allows for residential conversion (Seller can share proposed plans for conversion info office/residential property with five multi-bed apartment units and street-fronting office space). EXCELLENT INFILL LOCATION WITH DENSE POPULATION AND MINIMAL VACANCY * Within a 5-mile radius of the property, there is a population of 374,373 residents, AHHI of $94,985, and a large employment base (134,656 employees). * The property is situated in the Carmichael/Fair Oaks submarket, which has the lowest office vacancy in the entire Sacramento market at only 2.7%. * Carmichael is known for its parks, restaurants, shopping areas, and diverse and affordable housing options, along with its enviable geographic location in the very center of the Sacramento market, giving its residents easy access to Downtown, Folsom, Roseville and all areas in between.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$157 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1990

SPRINKLERS

-

PARKING SPACES

63

LAND DETAILS

LAND ACRES

0.91 AC

LAND SF

39,640 SF

ZONING

SPA

APN/PARCEL ID

260-0092-019

ASK ABOUT THIS PROPERTY

Matt PostCBRE, Inc.More Info
916-642-3914

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Matt PostCBRE, Inc.More Info
916-642-3914

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