7400 Fair Oaks Blvd, Carmichael, CA, 95608
Single Tenant NNN Retail | 8.72% CAP Rate | Drive-Thru | +/-46,000 ADT | +/- .90 Acres
Marketing description
7400 Fair Oaks Boulevard presents the opportunity to acquire a single-tenant absolute NNN investment occupied by Adalberto's Mexican Restaurant, a long-standing multi-unit regional operator with approximately 26 years of continuous occupancy at the Property. The investment benefits from a recently extended lease through March 31, 2030, annual contractual rent increases, a drive-thru restaurant format, and a highly visible hard-corner location on Fair Oaks Boulevard with traffic counts of approximately 46,263 vehicles per day. Situated on a large ±0.90-acre parcel, the Property offers passive ownership and an attractive 8.72% cap rate, with built in annual rent increases.
FOR MORE INFORMATION CONTACT:
Shawn Dhillon, Esq. (DRE No: 1498044)
Phone: (916) 382-0000
Email: [email protected]
Investment highlights
- Single-tenant absolute NNN investment 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.
- Recently extended lease through March 31, 2030, annual contractual rent increases
- Drive-thru restaurant format
- Highly visible hard-corner location on Fair Oaks Boulevard with traffic counts of approximately 46,263 vehicles per day
- Situated on a large ±0.90-acre parcel
- Passive ownership and an attractive 8.72% cap rate, with built in annual rent increases
FOR MORE INFORMATION CONTACT:
Shawn Dhillon, Esq. (DRE No: 1498044)
Phone: (916) 382-0000
Email: [email protected]
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