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- LoopNet Team
10407 Folsom Blvd
Rancho Cordova, CA 95670
Firestone · Retail Property For Sale
Property Facts
Amenities
- Pylon Sign
- Signalized Intersection
About 10407 FOLSOM BLVD , RANCHO CORDOVA, CA 95670
Freestanding, single tenant NNN investment, exception to landlord responsible for structural, roof, exterior building and parking lot repair & exterior paint. Excellent visibility and signage, shop facing major busy street - Folsom Blvd. (County recorded address under 10407 Investment Dr, which is side street). Current Firestone tenant has been at the location for 35 years, and there are (4) more option to extend 5 years, each option with 10% increase every 5 years. Built with brick block, looks solid and excellent condition with ample parking spaces. Inside offers; nice, spacious customer service area with office. Tenant has been charged additional 3% of the base rental paid during each lease year, as for a management fee to property owner per lease. Gross Leasable area: 8,000 square feet 6 bay with roll up door in front and 7 bay with roll up door in back Lot Size: 40,890 sqaure fee/ .94 Acre Net Operating Income: $123,902.00 Cap Rate: 6.90%
Property Taxes
| Parcel Number | 057-0211-005 | Improvements Assessment | $1,306,186 |
| Land Assessment | $678,093 | Total Assessment | $1,984,279 |
Property Taxes
