7400 Fair Oaks Blvd - Retail FOR SALE


Carmichael, CA 95608- Outer Carmichael/Citrus Heights
$950,000 USD
916-382-0000
7400 Fair Oaks Blvd, Carmichael, CA for Sale
$950,000 USD
Retail - FOR SALE
1/12
null | 8.72% Cap Rate

7400 Fair Oaks Blvd
Carmichael, CA 95608
Outer Carmichael/Citrus Heights


HIGHLIGHTS

  • 8.72% Cap Rate
  • Single-Tenant Absolute NNN Investment | Fee Simple Offering
  • Approximately 26 Years of Continuous Occupancy
  • Drive-Thru Restaurant Occupied by Established Regional Operator
  • Lease Extended Through March 31, 2030 with Annual Rent Increases
  • Prominent Hard-Corner Location on ±0.90 Acres and ±46,263 Vehicles Per Day

OVERVIEW

Single-tenant absolute NNN investment offering an attractive 8.72% cap rate and occupied by Adalberto's Mexican Restaurant, a long-standing multi-unit regional operator with approximately 26 years of continuous occupancy at the Property. The Property is offered fee simple and is subject to a long-term lease with an established third-party tenant. Tenant and ownership are not affiliated. The investment benefits from a recently extended lease through March 31, 2030, annual contractual rent increases, and a drive-thru restaurant format. Situated on a highly visible hard-corner parcel of approximately 0.90 acres along Fair Oaks Boulevard with traffic counts of ±46,263 vehicles per day, the Property offers passive ownership, stable cash flow, and strong underlying real estate fundamentals.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

8.72%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7400 Fair Oaks Blvd, Carmichael, CA 95608

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

LC

APN/PARCEL ID

260-0012-051

ASK ABOUT THIS PROPERTY

Shawn DhillonCore Equity CorporationMore Info
916-382-0000

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Shawn DhillonCore Equity CorporationMore Info
916-382-0000

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