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New NNN Extension- Strong Sales- A Site Lucille's 10,000 SF Retail Building Rocklin, CA 95765 $8,785,000 ($878.50/SF) 6% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Long Term True NNN Corp. Lease by Lucille’s Restaurant- Recent Extension of Additional 5 Yrs.
  • Very Affluent Suburb of Roseville ($154,447 HHI)- One of the Fastest Growing Counties in California
  • Proven Site with Strong Sales over $7.575M+ and Corp Guarantee- Voted “Best of the Best BBQ” 2022
  • High Profile Outparcel at Blue Oaks Town Center (600K SF)- Sportsman Warehouse/Hobby Lobby
  • Main/Main Grocery Anchored Regional Power Center- Dense Retail & Commercial Hub- Huge Growth
  • Large 1.3 Acre Parcel- Tremendous Visibility (Main Egress/Ingress)- National Anchors/Traffic Generators

EXECUTIVE SUMMARY

The Snyder Carlton National Net Lease Team is pleased to offer to investors an opportunity to purchase a single tenant absolute NNN lease that is fully occupied by Lucille’s Smokehouse Bar-B-Que with 10 lease years remaining and a 5 year option period. Located in Rocklin, CA, a suburb of Sacramento, this site is an outparcel PAD to Blue Oaks Town Center with anchor tenants including RC Willey, Sportsman’s Warehouse, Grocery Outlet, Hobby Lobby, and Blue Oaks Century Theatre. Positioned on the hard corner signalized intersection of Lonetree Blvd and Adams Dr the subject property has a combined traffic count of over 35,578 VPD with State Route 65 (97,000+ VPD) less than a mile away. The large 1.3 acre PAD has desirable site fundamentals with an abundance of parking, multiple entrances and exits, and strong demographics—ideal for cross shopping synergies. This is a great opportunity to purchase a long-term absolute NNN lease restaurant positioned in a dominant retail location with 10 lease years remaining and a 5 year option period.

PROPERTY FACTS In Escrow

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,000 SF
Building Class
B
Year Built
2006
Price
$8,785,000
Price Per SF
$878.50
Cap Rate
6%
NOI
$527,112
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.30 AC
Zoning
PD-BP/C/LI
Parking
60 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
1,677’ on Lone Tree Blvd

AMENITIES

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage
  • Signalized Intersection
Walk Score®
Very Walkable (71)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Crunch Fitness
UFC Gym
Starbucks
Grocery Outlet
Original Mels
Peet's Coffee
Chili's Grill & Bar
Applebee's
Burn Boot Camp
Planet Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
487-010-008
Land Assessment
$955,087
Improvements Assessment
$4,350,952
Total Assessment
$5,306,039
  • Listing ID: 35459311

  • Date on Market: 1/9/2023

  • Last Updated:

  • Address: Lucille's, Rocklin, CA 95765

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