single tenant restaurant building for sale or lease
Transcription
single tenant restaurant building for sale or lease
SINGLE TENANT RESTAURANT BUILDING 6400 Fair Oaks Blvd, Carmichael, CA 95608 FOR SALE or Lease Listed Exclusively by: For Sale information: For Leasing information: Patrick Follett St u a r t S n i d e r pf@corecre.com 916. 274. 4433 C A DRE #01796180 CORE Commerc i a l 2264 Fair Oaks Bl vd S acramento, C A 95825 C A DRE #01904661 ss@corecre.com 916. 274. 4401 C A DRE #01132016 B i l l Pe r k i n s or bp@corecre.com 916. 274. 4402 C A DRE #01114501 sINGLE tENANT Restaurant bUILDING 6400 Fair Oaks Blvd, Carmichael, CA Core Commercial is pleased to offer For Sale or For Lease a ±4,500 SF freestanding building located at the NEC of Fair Oaks Boulevard and Marconi Avenue in the affluent suburb of Carmichael, CA. The property, zoned SC, was originally built as a Lyon’s restaurant in 1985. The property has excellent visibility at the intersection and also benefits from traffic counts of approximately 33,000 vehicles per day along Fair Oaks Blvd, a heavily travelled four lane thoroughfare. A renovation at the intersection was recently completed as part of a street improvement plan along the Fair Oaks Blvd corridor. Landscaping and streetscape amenities were upgraded, street lighting was improved and curb, gutter, sidewalk and bicycle lane improvements were made. The $950,000 project sought to improve the roadway infrastructure and a second phase is slated to begin in 2014. Additional tenants at this intersection include Jack in the Box, Walgreens, California Family Health & Fitness and 99¢ Only Stores. The property is currently being operated as a restaurant; however, it will be delivered vacant at close of escrow. Offering Summary »» Asking Price: $1,300,000 »» Asking Lease Rate: $1.25 NNN »» Leasable Area: ±4,500 SF »» Zoning: SC »» Land Area: ±0.33 acres »» APN: 273-0131-032 S ale infor mation: Le a s e I n fo r m ation: Pat r i c k Fo l l e t t Stuar t Snider pf@corecre.com 916. 274. 4433 s s @ co re c re. co m 916. 274. 4401 SUBJECT Restaurant Pad sINGLE tENANT Restaurant bUILDING 6400 Fair Oaks Blvd, Carmichael, CA ENGLE RD GARFIELD AVE WALNUT AVE WHITNEY AVE FAIR OAKS BLVD - 33,700 ADT FAIR OAKS BLVD SUBJECT Restaurant Pad MARCONI AVE DEMOGRAPHICS Est 2011 Population Average H’hold Income Median H’hold Income Daytime Employees COPYRIGHT © 2013. ALL RIGHTS RESERVED. CORE Commercial (“Agent”), CA DRE Lic. 01904661, has presented this brief, selected information pertaining to the Property and shall not be considered all-inclusive or unchanged since the date of preparation. No warranty as to the accuracy or completeness is expressed or implied. The information has been received from sources believed to be reliable but is not guaranteed. Prospective Tenants should independently verify each item of information and have the same reviewed by its tax advisor and/or legal counsel. The Property is being leased on an “as-is, where-is” and “with all faults” basis unless otherwise specified. 1 mi 3 mi 5 mi 14,700 $79,100 $56,500 3,800 124,500 $79,700 $61,300 35,600 325,800 $72,500 $57,500 133,400