single tenant restaurant building for sale or lease

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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
[email protected]
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
[email protected]
916. 274. 4401
C A DRE #01132016
B i l l Pe r k i n s
or
[email protected]
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
[email protected]
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