6650 Fair Oaks Boulevard

    Carmichael, CA 95608
    • $520,000
    • STATUS: Active
    • ON SITE: 89 days
    • ID#: SR18224181
    UPDATED: 53 min ago
    $520,000
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,904
      SQFT
    • $179
      $/SQFT
    Type:
    Commercial
    Built:
    1960
    County:

    School Ratings & Info

    Description

    Endless possibilities for this strip center at a busy intersection.This center comprises of 3 retail spaces,2 have been leased and this creates the oppurtunity to put in an anchor tenant in the third space for lease.The other tenants are on a month to month lease contract.This center is perfect for a savvy investor to buy and work on adding a franchise anchor tenant and increase equity and cash flow.Ample parking for easy in and out for customers.Location,Location,Location!!!!!!

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T17:30:23.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/87484680

    6650 Fair Oaks Boulevard Carmichael, CA 95608

    • Price: $520,000
    • Status: Active
    • Updated: 53 min ago
    • ID#: SR18224181
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    2,904
    SQFT
    $179
    $/SQFT
    1960
    Built
    County:
    Sacramento
    Property Description
    Endless possibilities for this strip center at a busy intersection.This center comprises of 3 retail spaces,2 have been leased and this creates the oppurtunity to put in an anchor tenant in the third space for lease.The other tenants are on a month to month lease contract.This center is perfect for a savvy investor to buy and work on adding a franchise anchor tenant and increase equity and cash flow.Ample parking for easy in and out for customers.Location,Location,Location!!!!!!
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class Retail Building Area Units Square Feet Building Status Existing Business Type CommercialRetailStrip Mall Cap Rate 5.90 Country Us Gross Scheduled Income 38400.00 Insurance Expense 1200.00 Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Lease Considered YN No Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 30700.00 Number Of Units Leased 2 Property Sub Type Retail Real Estate Tax Expense 6500.00 Retail Center Type Mixed Use Special Listing Conditions Standard Water Source Public

    Listing provided courtesy of Sofia Hirani of Coldwell Banker Greater Valley.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-12T17:30:23.68. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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