4400 Sunrise Blvd
Fair Oaks, CA 95628
Land For Sale
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0.50 AC
Investment Highlights
- BP corporate guaranty (Investment grade credit)
- Renewed lease early for 10 years; 9 years remaining and 3-5 year options
- 300,000 residents within a five mile radius
- Major signalized intersection with 55,000 VPD
- Incredibly strong fuel sales in excess of 150,000 gallons per month
- $95,000 average household income within a one mile radius
Property Facts
Description
Essential retailer for year end closing; AMPM gas station c-store ground leased to BP and for sale directly by owner. This is a very rare opportunity to get a corporate guaranty (BP) investment grade credit tenant with 3% annual rent increases located in the #1 housing market in the country going into 2021; Sacramento County. The site is located at a major signalized intersection with 55,000+ cars per day; Sunrise Blvd. & Winding Way. BP has been a long term tenant since 1966 and renewed their lease early for 10 years showing long term commitment to the site; 9 years remaining with 3-5 year options. The 3% annual rent increases include option periods. The site boasts incredibly strong fuel sales in excess of 150,000 gallons per month and benefits from the densely populated location with 300,000 residents within a five mile radius. The demographics are excellent with $95,000 average household income within a one mile radius. 2 miles from 1.2 million square foot Regional Sunrise Mall.
Property Taxes
| Parcel Number | 244-0370-032 | Improvements Assessment | $0 |
| Land Assessment | $2,381,350 | Total Assessment | $2,381,350 |
Property Taxes
