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6451 Fair Oaks Blvd
Carmichael, CA 95608
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Well-established site has been successfully occupied for many years
EXECUTIVE SUMMARY
Exceptional investment opportunity featuring a 0% vacancy commercial property, plus an additional parcel included in the transaction. Spanning approximately 12,000 square feet, this well-established site has been successfully occupied for many years and is currently home to a bakery, restaurant, and retail market. The long-term occupancy underscores the strong demand and appeal of this location. Don’t miss out on this unique offering with ample space, an excellent track record, and further development potential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
11,800 SF
Building Class
B
Year Built
1950
Price
$1,459,000
Price Per SF
$123.64
Cap Rate
6.50%
NOI
$94,835
Percent Leased
100%
Building Height
1 Story
Building FAR
0.29
Lot Size
0.92 AC
Zoning
GC - General Commercial
Parking
45 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
115’ on Fair Oaks
AMENITIES
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $251,206 | |
| Land Assessment | $439,606 | Total Assessment | $690,812 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$439,606
Improvements Assessment
$251,206
Total Assessment
$690,812
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