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Investment Highlights

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

Executive Summary

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.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Building Size
3,279 SF
Year Built
1995
Price
$1,339,348 CAD
Price Per SF
$408.46 CAD
Cap Rate
8.72%
NOI
$116,831 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.90 AC
Zoning
LC

Amenities

  • Restaurant
  • Drive Thru
  • Air Conditioning
Moderately walkable
60/100
Moderately drivable
70/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Smart & Final
Burgerim
Bel Air
Orangetheory Fitness
StretchLab
Starbucks
Bank of Montreal
Golden 1 Credit Union
U.S. Bank
Safeway

Property Taxes

Property Taxes

Parcel Number
260-0012-051
Land Assessment
$242,992 CAD
Improvements Assessment
$1,318,861 CAD
Total Assessment
$1,561,852 CAD
  • Listing ID: 40929527

  • Date on Market: 2026-06-15

  • Last Updated:

  • Address: 7400 Fair Oaks Blvd, Carmichael, CA 95608

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