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32289890
32289891

10425 Fair Oaks Boulevard, Fair Oaks, CA 95628 For Sale

EO
CA CA 01821549
Colliers - Sacramento, California
CA
CA CA 01959536
Colliers - Sacramento, California
Listed by Colliers - Sacramento, California
$2,795,000
75 days on market
Updated 75 days ago

Fair Oaks Dental Village

Details
Property Type Office
Sub Type Medical Office
Square Footage 12,005
Net Rentable (SqFt) 12,005
Units 8
Cap Rate 6.50%
NOI $181,862
Occupancy 74%
Tenancy Multi
Lease Type Modified
Pro-Forma Cap Rate 8.65%
Pro-Forma NOI $255,292
Price per SqFt $233
Year Built 1984
Year Renovated 2024
Stories 2
Acreage 1.000
Zoning SPA- Special Planning Area
Parking Spaces 82 spaces
Parking per 1,000 SqFt 6.83
Investment Type Stabilized

Office | 6.50% CAP | 12,005 SqFt

Marketing description

Colliers is pleased to exclusively offer the rare opportunity to purchase 10425 Fair Oaks Blvd (the "Property"), a two story, 12,005-square-foot, medical office building near the center of the Fair Oaks Village. Named Fair Oaks Dental Village, the building was originally built by the Seller and has never been on the market for sale. Built with dental/medical uses in mind, the Property consists of 8 dental/medical suites, is equipped with an elevator, centralized compressor and vacuum systems, along with a built-in Panoramic X-ray machine.

Geographically located along Fair Oaks Blvd near Sunrise Blvd, the Property offers convenient access to Fair Oaks, Gold River, Orangevale, and Carmichael. With strong demographics in Fair Oaks, medical tenants can benefit from a higher percentage of private pay patients.

Investment highlights

  • First Time on Market Purchase Opportunity
  • Pride of Ownership with recent Capital Improvements
  • Prominent Location with Excellent Accessibility and Visibility
  • "Sticky" Dental/Medical tenants with remaining lease term
  • Historically High Occupancy
  • Separately Metered Suites for Utilities

Listing Contacts

EO
CA CA 01821549
Colliers - Sacramento, California
CA
CA CA 01959536
Colliers - Sacramento, California
Listed by Colliers - Sacramento, California

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$181,862.00
$15,155.17/mo

Valuation Metrics

0
DSCR
6.51%
Cap Rate
6.51%
ROI

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Additional Information

Name
Eric Ortiz
License
CA 01821549
Brokerage
Colliers
Title
Executive Vice President
Name
Curt Allen
License
CA 01959536
Brokerage
Colliers
Brokerage Phone
9165633019
Title
Associate Vice President
Brokerage Address
301 University Avenue
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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