3967 Park Dr - Fast Food FOR SALE


El Dorado Hills, CA 95762
$3,795,000 USD
831-760-7136
3967 Park Dr, El Dorado Hills, CA for Sale
$3,795,000 USD
Fast Food - FOR SALE
1/4
null | 5.44% Cap Rate

3967 Park Dr
El Dorado Hills, CA 95762


OVERVIEW

Absolute NNN investment opportunity. Long term lease. 17 +/- years remain on lease. $12,688.33 Base Rent or 9% whichever is great. 1% annual rent increases or CPI whichever is greater. Lease terminates in 2039 with five 5 year extension options. 24 year established location…30+ year franchise tenant. Store remodeled in 2016 Cap rate based on projected 2024 sales increase. 2.5% commission to selling agent broker LOI’’s required with proof of funds. No OM will be provided separately. All offers will be considered… Tenant has 10 day FROR Owner will consider $1,000,000.00 carry back at 7% 30 year amortization balloon due in 5 years

FOR SALE DETAILS

PRICE

$3,795,000 USD

PRICE/SF

$1,912 USD /SF

CAP RATE

5.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

C

APN/PARCEL ID

121-180-015-000

ASK ABOUT THIS PROPERTY

Richard AhartAhart 1995 Family TrustMore Info
831-760-7136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Richard AhartAhart 1995 Family TrustMore Info
831-760-7136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.