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7840 Madison Ave - Bldg A 859 - 5,322 SF Office/Medical Condo Units Offered at $133,145 - $798,300 Per Unit in Fair Oaks, CA 95628
Investment Highlights
- High daily traffic counts
- Large and small units available for purchase
- Multiple retail and restaurant amenities in walking distance
Executive Summary
Excellent location off Madison Ave and Sunrise Blvd, one of the busiest arterials in Fair Oaks High daily traffic counts (43,680 cars per day) Located adjacent to the Quail Point Shopping Mall and across from the Sunrise Village Shopping Center, offering many retail and restaurant amenities within a few steps! Garden-like landscaping with large lawn area, interior walkways and mature, attractive foliage Large parking field with attractive landscaping features and walkways
4 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Owner User |
| Sale Type | Investment | Cap Rate | 7.47% |
| Sale Type | Investment |
| Cap Rate | 7.47% |
Description
Investment opportunity to purchase an office condominium
occupied by the California Department of Rehabilitation. The California Department of Rehabilitation offers Californians with Disabilities opportunities for employment and independent living.
occupied by the California Department of Rehabilitation. The California Department of Rehabilitation offers Californians with Disabilities opportunities for employment and independent living.
Sale Notes
Rare investment opportunity with government guaranteed tenant with long-term lease, stabilized income and annual increases.
7840 Madison Ave, Suite 160
Condo Square Footage: ± 4,644 SF
Lease Expiration Date: 5/31/2027
7840 Madison Ave, Suite 160
Condo Square Footage: ± 4,644 SF
Lease Expiration Date: 5/31/2027
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 107 | 1,295 SF | Office/Medical | $200,725 ($155.00/SF) | - |
| Unit 135 | 1,959 SF | Office/Medical | $293,850 ($150.00/SF) | - |
| Unit 140 | 859 SF | Office/Medical | $133,145 ($155.00/SF) | - |
| Unit 160 | 5,322 SF | Office/Medical | $798,300 ($150.00/SF) | $59,638 |
Unit 107
| Unit Size |
| 1,295 SF |
| Condo Use |
| Office/Medical |
| Price |
| $200,725 ($155.00/SF) |
| NOI |
| - |
Unit 135
| Unit Size |
| 1,959 SF |
| Condo Use |
| Office/Medical |
| Price |
| $293,850 ($150.00/SF) |
| NOI |
| - |
Unit 140
| Unit Size |
| 859 SF |
| Condo Use |
| Office/Medical |
| Price |
| $133,145 ($155.00/SF) |
| NOI |
| - |
Unit 160
| Unit Size |
| 5,322 SF |
| Condo Use |
| Office/Medical |
| Price |
| $798,300 ($150.00/SF) |
| NOI |
| $59,638 |
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Unit 107
| Unit Size | 1,295 SF |
| Condo Use | Office/Medical |
| Price | $200,725 ($155.00/SF) |
| NOI | - |
| Sale Type | Owner User |
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Unit 135
| Unit Size | 1,959 SF |
| Condo Use | Office/Medical |
| Price | $293,850 ($150.00/SF) |
| NOI | - |
| Sale Type | Owner User |
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Unit 140
| Unit Size | 859 SF |
| Condo Use | Office/Medical |
| Price | $133,145 ($155.00/SF) |
| NOI | - |
| Sale Type | Owner User |
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Unit 160
| Unit Size | 5,322 SF |
| Condo Use | Office/Medical |
| Price | $798,300 ($150.00/SF) |
| NOI | $59,638 |
| Sale Type | Investment |
| Cap Rate | 7.47% |
| Description | |
| Investment opportunity to purchase an office condominium<br> occupied by the California Department of Rehabilitation. The California Department of Rehabilitation offers Californians with Disabilities opportunities for employment and independent living.</li></ul> | |
| Sale Notes | |
| Rare investment opportunity with government guaranteed tenant with long-term lease, stabilized income and annual increases.<br> 7840 Madison Ave, Suite 160<br> Condo Square Footage: ± 4,644 SF<br> Lease Expiration Date: 5/31/2027</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 26,678 SF | Typical Floor Size | 26,273 SF |
| Property Type | Office | Year Built | 1978 |
| Building Class | B | Lot Size | 1.81 AC |
| Floors | 1 | Parking Ratio | 4/1,000 SF |
| Zoning | BP - Business Park | ||
| Total Building Size | 26,678 SF |
| Property Type | Office |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 26,273 SF |
| Year Built | 1978 |
| Lot Size | 1.81 AC |
| Parking Ratio | 4/1,000 SF |
| Zoning | BP - Business Park |
Amenities
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
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7840 Madison Ave - Bldg A
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