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Investment Highlights
- Freestanding building
- Multi-tenant building
- In-place income
- Gated, fenced parking lot
- High visibility building
Executive Summary
Freestanding office building on 0.55 acres of land, at a high visibility location on busy Fair Oaks Boulevard, in Carmichael, CA. Seven tenant building, with two contiguous suites (suites C and D) occupied by a Dental group. One suite (suite A) is occupied by a massage therapist and the remaining are available for an owner-user or for an investor to rent out. The property includes a gated and fenced parking lot. The suites have undergone renovation over the years and are in good condition. Suite B is a former dental space and features 4 operatories, a lab, waiting room, front office and a restroom. Suite E has 4 offices, a closet, a restroom, front office, reception and storage. Suite F features several solar tubes for daylight, 4 offices, a large restroom, a reception with skylight and storage space. Suite G is a former Allstate insurance office and features a reception, front office, work area, a larger private office, a break room, ADA restroom and storage space. All the suites have 2 entrances.
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Office
Property Subtype
Medical
Building Size
6,771 SF
Building Class
B
Year Built
1970
Price
$1,005,000
Price Per SF
$148.43
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
6,771 SF
Building FAR
0.23
Lot Size
0.69 AC
Zoning
BP, Carmichael - Business zoning
Parking
25 Spaces (3.69 Spaces per 1,000 SF Leased)
Amenities
- Signage
- Storage Space
- Partitioned Offices
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 245-0251-028 | Improvements Assessment | $346,220 |
| Land Assessment | $278,537 | Total Assessment | $624,757 |
Property Taxes
Parcel Number
245-0251-028
Land Assessment
$278,537
Improvements Assessment
$346,220
Total Assessment
$624,757
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8329 Fair Oaks Blvd
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