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Carmichael Oaks 6400 Fair Oaks Blvd 4,570 SF Retail Building Carmichael, CA 95608 $2,085,870 CAD ($456.43 CAD/SF) 6.46% Cap Rate
Executive Summary
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,570 SF
Building Class
C
Year Built
1985
Price
$2,085,870 CAD
Price Per SF
$456.43 CAD
Cap Rate
6.46%
NOI
$134,746 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.32
Lot Size
0.33 AC
Zoning
SPA - Special Planning Area
Parking
25 Spaces (5.47 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
- Cantina Azteca
- -
- -
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Cantina Azteca | - | - | $9.99 | Lorem Ipsum | Jan 0000 |
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 273-0131-032 | Improvements Assessment | $1,141,827 CAD |
| Land Assessment | $428,647 CAD | Total Assessment | $1,570,473 CAD |
Property Taxes
Parcel Number
273-0131-032
Land Assessment
$428,647 CAD
Improvements Assessment
$1,141,827 CAD
Total Assessment
$1,570,473 CAD
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Carmichael Oaks | 6400 Fair Oaks Blvd
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