6717 Auburn Blvd | Citrus Heights, CA 95621
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- LoopNet Team
6717 Auburn Blvd
Citrus Heights, CA 95621
OIL CHANGERS · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Lease of ±15 Years provides security of income.
- NNN Lease with Zero Landlord Responsibilities - Recent upgrades include a roof, façade, and more.
- Rent Increases – 10% increases every 5 years provide an effective hedge against inflation
- Recent Backfill - ±$300k in tenant improvements recently invested into the building.
- Recent Acquisition - Valvoline has announced the acquisition of Oil Changers for $625 million. Valvoline is a Publicly Traded Company.
- Strong Demographics – ±167,000 population in a 3-mi radius.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,025 SF
Building Class
C
Year Built
1982
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.24 AC
Zoning
LC, Citrus Heights - LC, Citrus Heights. City of Citrus Heights is easy to work with.
Parking
9 Spaces (4.44 Spaces per 1,000 SF Leased)
Frontage
351’ on Auburn Boulevard
AMENITIES
- 24 Hour Access
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 211-0123-023 | Improvements Assessment | $720,000 |
| Land Assessment | $230,000 | Total Assessment | $950,000 |
PROPERTY TAXES
Parcel Number
211-0123-023
Land Assessment
$230,000
Improvements Assessment
$720,000
Total Assessment
$950,000
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