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8212-8220 Fair Oaks Blvd 16,850 SF 91% Leased Retail Building Carmichael, CA 95608 $1,930,000 ($114.54/SF) 7.01% Cap Rate

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INVESTMENT HIGHLIGHTS

  • 7,600 SF warehouse with w/ large yard space
  • 2.35 Acre Parcel
  • 7.01% cap rate on actual income (upside in leasing the one vacant space)
  • 9,250 SF retail strip center
  • Traffic counts of over 30,000 CPD
  • Below market rents that can be raised immediately

EXECUTIVE SUMMARY

Jahn-Rich Commercial presents the opportunity to acquire the Vierra Center which consists of Yard space, warehouse space and a strip center located at 8212 Fair Oaks Blvd, Carmichael, CA, 95608. The 16,850 square feet of rentable space sits on a prime 2.35-acre parcel along Fair Oaks Blvd. This portion of Fair Oaks Blvd is known for its substantial traffic counts of approximately 30,029 vehicles per day. The property features 7,600 square feet dedicated to industrial space, including a large yard area, with 9,250 square feet of street front retail space. Zoned LC (Limited Commercial), the Vierra Center offers potential for redevelopment, providing a new owner with a wide array of possible uses. Currently, the retail portion is 90% leased to 6 local and regional tenants. The warehouse is fully leased at under market rents. The large yard space presents a unique opportunity for businesses requiring storage or distribution facilities while also generating income from the already leased retail and yard space. This property is well-suited for both investors looking to capitalize on rental income and owner users interested in utilizing the space for their business operations.
Contact listing broker for offering memorandum.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
16,850 SF
Year Built
1966
Price
$1,930,000
Price Per SF
$114.54
Cap Rate
7.01%
NOI
$135,293
Percent Leased
91%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
2.35 AC
Zoning
LC
Parking
20 Spaces (1.19 Spaces per 1,000 SF Leased)
Frontage
163’ on Fair Oaks Blvd

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 8216
  • 1,200 SF
  • Retail
  • -
  • Now

Former Dog Groomers

  • 8218
  • 900 SF
  • Retail
  • -
  • Now

Former Salon +/- 900 SF

Space Size Space Use Position Available
8216 1,200 SF Retail - Now
8218 900 SF Retail - Now

8216

Size
1,200 SF
Space Use
Retail
Position
-
Available
Now

8218

Size
900 SF
Space Use
Retail
Position
-
Available
Now

8216

Size 1,200 SF
Space Use Retail
Position -
Available Now

Former Dog Groomers

8218

Size 900 SF
Space Use Retail
Position -
Available Now

Former Salon +/- 900 SF

NEARBY MAJOR RETAILERS

In-Shape Management Co.
Safeway
U.S. Bank
Burgerim
Bank of Montreal
Starbucks
Dutch Bros
El Dorado Savings Bank, Fsb

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
260-0031-033
Land Assessment
$719,817
Improvements Assessment
$524,978
Total Assessment
$1,244,795
  • Listing ID: 34700773

  • Date on Market: 2/3/2025

  • Last Updated:

  • Address: 8212-8220 Fair Oaks Blvd, Carmichael, CA 95608

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