Listed by BellStreet
$1,425,000
6400 Fair Oaks Boulevard
Details
Property Type Retail
Sub Type Restaurant
Square Footage 4,570
Cap Rate 6.8%
NOI $96,899
Price per SqFt $312
Lot Size (SqFt) 14,375
Retail | 6.80% CAP | 4,570 SqFt
Marketing description
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.
Investment highlights
- Long-term restaurant tenant
- 4,570 SF building
- Prime outparcel location in Carmichael
- Value-add opportunity
- 5% schedualed annual rental increases
Listing Contacts
Listed by BellStreet
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$96,899.00
$8,074.92/mo
Valuation Metrics
0
DSCR
6.8%
Cap Rate
6.8%
ROI
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